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Navigating the new aviation insurance landscape
Here are some insights into the softening market, supply chain, and strategies for better coverage.
The aviation industry has been flying through a hard aviation insurance market since mid-2018 marked by increasing rates and stricter underwriting guidelines. To address all the factors that have ...
Aviation liability insurance provides protection against claims and lawsuits arising from bodily injury or property damage caused by an aircraft. It includes both third-party liability (injuries or ...
Howden has launched a dedicated US Aviation Practice as the broker continues to build out specialty capabilities in the world ...
In the last two years, many underwriters have exited aviation insurance while those remaining have tightened underwriting standards and hiked premiums. David G. Mayer is a member of the global ...
The most hotly contested aviation law issue in the United States has been whether and to what extent federal law preempts state law. The stakes in the fight over preemption are high because a ...
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Alliant Insurance Services has been awarded the FAA Contract Tower (FCT) Liability Insurance Contract effective July 1, 2020. Alliant was the incumbent on the ...
According to the report, the global aviation insurance industry generated $3.43 billion in 2021, and is anticipated to generate $5.75 billion by 2030, witnessing a CAGR of 5.6% from 2021 to 2030.
A €225,000 fine won't move the needle — but the Paris Court of Appeal's words just rewrote the risk calculus for aviation underwriters, product liability markets and the brokers placing them ...
Aviation insurance policies are not standardized; it's crucial for pilots to understand their specific policy's conditions, as common myths about claim payouts, attorney costs, or the impact of FAR ...
MONTREAL/NEW YORK (Reuters) - The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft ...
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