Inflation Latest Issue in Difficult Insurance Market

Aviation brokers and underwriters have a new villain to blame for the continued increases in insurance premiums since 2019: inflation. Aircraft owners, pilots, operators, and supporting aviation businesses have reportedly seen insurance premiums increase up to 30 percent year over year since 2019. In addition…

https://www.ainonline.com/aviation-news/business-aviation/2023-11-01/inflation-latest-issue-difficult-insurance-market