Damaging your aircraft or injuring a passenger are two of a pilot’s biggest nightmares. If you’ve been piloting your aircraft without aviation insurance, an accident could cause a major financial ...
Lloyd’s of London wrote the first-ever aviation insurance policy in 1911. By 1912, the company stopped writing aviation policies due to steep losses suffered from crashes by several of its ...
When buying a private plane for your business, shop for aviation insurance sooner rather than later. Many assume the insurance item on your company’s aircraft acquisition checklist is merely a ...
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 ...
NEW YORK--(BUSINESS WIRE)--Starr Insurance Companies today announced the appointment of Andy Trundle as head of global aviation. Mr. Trundle is responsible for shaping the strategies to drive ...
Germany-based insurance company Allianz Global Corporate & Specialty (AGCS) has found that bird strikes are a notable contributor of aviation collision/crash incidents, after analyzing more than ...
“Let the good times roll” may have been an appropriate mantra for aviation-insurance consumers during the past 10 to 12 years, but the party might finally be over. While the total cost of aircraft ...