Aircraft insurance provides liability and property coverage for aircraft. Aircraft insurance, also called aviation insurance, ...
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.
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 ...
The airline insurance market is expected to remain competitive with surplus supply and continued rate reductions likely in early 2025. A sharp change in market direction is possible later in 2025, ...
Agencies and brokers that specialize in aviation insurance are opening new locations, adding staff and improving their customer support services. We highlight three aviation insurance providers below.
Schrager Hampson Aviation Insurance Agency has acquired Charles W. Bilella Agency Ltd., marking its sixth aviation insurance acquisition. This acquisition further solidifies Schrager Hampson's ...
“Aviation in itself is not inherently dangerous. But to an even greater degree than the sea, it is terribly unforgiving of any carelessness, incapacity or neglect.” – Captain A. G. Lamplugh, chief ...
NEW YORK--(BUSINESS WIRE)--Today, Starr Insurance Companies announced the launch of Starr Gate, a new kind of general aviation policy providing pilots who rent aircraft with unprecedented flexibility ...
The London aviation insurance market could be in for a chaotic 2024, Steven Marks of Podhurst Orseck predicts, as reinsurers scramble to cover damages for aircraft crashes that are ballooning far more ...
Relation Insurance Services, which is backed by Aquiline Capital Partners, has acquired True-Course Aviation Insurance, a Camarillo, California-based provider of aviation risk solutions. No financial ...
CHICAGO--(BUSINESS WIRE)--Relation Insurance Services (“Relation”) acquired the assets of Business Aviation Insurance Services, Inc. (“BAIS”). The transaction went into effect on November 1, 2024; ...
Eleven insurance representatives who earned the Certified Aviation Insurance Professional (CAIP) or CAIP Gold designation since the 2014 conference were recognized in 2015. The CAIP designation is ...