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Report

Aviation insurance market overview: H1 2024

The report offers a holistic overview of factors impacting the airline insurance, general aviation insurance, and aerospace insurance markets.
Aviation insurance market overview: H1 2024

In our latest insurance market overview, our specialists provide insights on the first half of the year and look at what companies may expect for the remainder of 2024.

The report offers a holistic overview of factors impacting the airline insurance, general aviation insurance, and aerospace insurance markets.

Key takeaways:

  • As we exit the first half of the year, growth is a common theme across aviation industry sectors.
  • Most aviation classes are experiencing continued competition with sufficient capacity across the airline, general aviation, and aerospace insurance markets.
  • Uncertainty remains in the Hull War and Excess AVN52 markets due to ongoing geopolitical instability; however, generally, the entry of new capacity is helping to control rates and the market is now witnessing reduced rates when compared to 2022 and 2023.
  • That said, organisations are continuing to face ongoing challenges including wider macroeconomic risks, supply chain disruptions, and human capital shortages.

For detailed analysis of the aviation insurance market, download the report in full.