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General Aviation Market Review

Q1-Q2 2021

Aerospace
N/A

By John Rooley and John Taylor | May 14, 2021

Following a challenging year for the general aviation industry, our experts have put together their thoughts and predictions for this coming year.

So far 2021 has seen continued rate increases for clients across all lines of aviation. The aviation insurance industry, despite significantly increasing its premium base, has still not returned to profitability. We hope however that through 2021, we will begin to see this momentum for increases reduce.

While this situation remains very dynamic, Willis Towers Watson’s General Aviation team is actively preparing for this, encouraging early engagement and wider risk data collection to temper the potential impact of insurers' demands.

Our Market Review document provides a more granular review of some of the key sub sectors of general aviation, such as fixed wing, rotor wing and hull war, including an analysis of how the COVID-19 pandemic is impacting the general aviation market as well.

To learn more about the general aviation market capacity and risk landscape, please complete the form to download the latest General Aviation Market Review from our specialists.

Authors


Managing Director, General and Corporate Aviation

Contact

Jason Saunders
Senior Director
Willis Towers Watson Aerospace
North America

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