Aviation insurance quarterly update

Gallager, the UK insurance broker, has provided an update on the aviation insurance market in its latest Plane Talking newsletter. Some key themes from the team on the market conditions include foremost that core pricing is stable “surprisingly” says Gallager given the ongoing challenges and outstanding claims mainly due to excess market capacity keeping all risks insurance rates stable and most airlines are generally experiencing improved results. However, hull, war and liability war markets continue to harden. In the absence of any new developments or major losses, Gallagher expects that in the short-term these market trends “will endure for the