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.

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

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

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 ...

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 ...

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; ...

When your company uses non-owned aircraft, such as when chartering a plane or permitting employees to operate owned or rented planes on company business, what do you need to think about? Do you need ...

CHICAGO, IL, UNITED STATES, November 21, 2024 /EINPresswire.com/ -- Worldlink Specialty, LLC (“WLS”), a leader in niche insurance products for the aviation ...

The crash of Air India Flight AI171, a Boeing 787 Dreamliner, near Ahmedabad on Thursday, is expected to activate multiple layers of the airline’s aviation insurance. These policies are structured as ...