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.

Gallagher has announced the integration of the AssuredPartners aviation team into its global aerospace practice, creating a ...

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 ...

Despite an uptick in headline-grabbing aviation losses this year, air travel remains safer than ever, says an aviation ...

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; ...

SPG Canada has completed the acquisition of AVRO Insurance Managers Ltd., a specialized aviation insurance provider, ...

"The merger of these outstanding aviation insurance firms helps reinforce a sustainable and marked advantage for our highly specialized insurance operations. The addition of Cannon’s services and ...

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 ...

A new report from insurance provider Allianz Commercial says gross written insurance premiums for the aviation sector are projected to reach a 20-year high of more than $8 billion in 2024. According ...

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% ...