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.
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.
SPG Canada has completed the acquisition of AVRO Insurance Managers Ltd., a specialized aviation insurance provider, ...
Aviation insurance rates remain volatile due to unforeseen global and domestic factors like inflation, supply chain issues, and geopolitical conflicts (Russia-Ukraine war). Piston aircraft insurance ...
When your company uses non-owned aircraft, such as when chartering a plane or permitting employees to operate owned or rented planes on company business, what do you need to think about? Do you need ...
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; ...
The crash of Air India Flight AI171, a Boeing 787 Dreamliner, near Ahmedabad on Thursday, is expected to activate multiple layers of the airline’s aviation insurance. These policies are structured as ...
NEW YORK, Dec. 12-- Starr Companies, a provider of property, casualty, accident and health insurance products, issued the following news: Starr Insurance Companies today announced that Starr ...
A recent report by Willis, a WTW business, involving 130 senior aviation representatives reveals that only 50% feel confident in their business model's resilience to emerging risks, and only 30% ...
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