Finance, Taxes, Insurance
U.S. Aviation Insurance Market Stabilizes in First Half
The aviation insurance market in the U.S. has been relatively stable in the first half, says Aviation Specialty Insurance president Matt Drummelsmith.

The aviation insurance market in the U.S. has been relatively stable in the first half after a prolonged hard market that began in 2018, according to Aviation Specialty Insurance president Matt Drummelsmith. So far this year, he said, aircraft insureds with “good loss experience” have seen only moderate increases, not the severe rate increases they experienced between 2018 and 2021, he noted.