Aircraft insurance provides liability and property coverage for aircraft. Aircraft insurance, also called aviation insurance, can be purchased for a number of different types of aircraft, including ...

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 ...

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.

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 aviation insurance market is experiencing significant rate increases and volatility (a "hard market"), largely because the limited number and diversity of aircraft prevent actuaries from applying ...

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 ...

The IUAI study found geopolitical instability, US claims inflation and supply chain disruption are reshaping underwriting ...

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 ...

At its session on Thursday, the National Assembly of Armenia adopted in its second and final reading a law establishing minimum requirements for liability insurance for air carriers and aircraft ...