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 ...

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 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 ...

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 ...

The Russian Ministry of Transport has drafted legislation calling for mandatory liability insurance for Russian airlines operating scheduled flights. The insurance would guarantee refunds for ...