Finance, Taxes, Insurance
Insurance Premiums Trending Up
Payouts of large claims have shrunk the industry, meaning higher costs for buyers.

A series of aviation-related judgments each awarding $100 million to a single individual and the departure of several large reinsurance companies from the aviation sector have together shaken the aircraft insurance industry out of its soft market, according to various insurance experts. Aircraft operators should expect insurance premium increases of between 10 and 25 percent in 2019 as insurers try to refill coffers that were already depleted from a decade of artificially low premiums.


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