After years of rising rates and tightening standards, the aviation insurance market has stabilized due to increased capacity and new entrants, leading to moderated premium increases. Pilot experience ...
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 ...
Flock's drone insurance allowed operators to pay small sums to offset risks on individual flights, but the company has now left the marketplace. Credit: Flock OXFORD, England—Even if, as an innovative ...
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 Director General of the Nigeria Civil Aviation Authority (NCAA), Captain Chris Najomo, has urged insurers who cover risks in the aviation industry to ensure compliance, resilience, and alignment ...