Aviation Insurance Market in 2025: Legal Battles, Competitive Pressures, Risk Trends
The aviation industry faced a complex landscape in 2024, shaped by ongoing uncertainty, competitive pressures, and significant incidents
Aviation insurance is insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. Avia insurance – insurance against claims and losses arising from the ownership, maintenance, or use of aircraft, hangars, or airports including damage to aircraft, personal injury, and property damage.
Types of aviation insurance: In-flight insurance, Ground risk hull (non motion) insurance, Ground risk hull (motion) insurance, Public liability insurance and Passenger liability insurance.
Aviation insurance normally covers physical damage to the aircraft and legal liability arising out of its ownership and operation. Specific policies are also available to cover the legal liability of airport owners arising out of the operation of hangars or from the sale of various aviation products.
The aviation industry faced a complex landscape in 2024, shaped by ongoing uncertainty, competitive pressures, and significant incidents
Full list of 500+ deadliest aircraft crashes and worst aviation accidents, detailing major disasters, fatalities, and their global impact
A catastrophic crash of an Embraer E190 passenger plane operated by Azerbaijan Airlines occurred near Aktau, Kazakhstan. As a result of the tragedy, 38 people lost their lives, while 29 survived
The aviation re/insurance market has gone through a turbulent few years, with the impact of the COVID-19 pandemic, geopolitical shocks and macroeconomic challenges
The aviation, marine and cargo transit (MAT) Global Insurance Industry is estimated to grow at a compound annual growth rate of 6.4% from 2023-2026
The risk of a prolonged Russian invasion of Ukraine will further complicate the resolution of aircraft leasing insurance claims which would take years to settle
Aviation insurance refers to indemnification of a client against losses arising from the result of damages, maintenance, or use of aircraft, and hangars at the airport