Aviation Insight

Welcome to Aon Aviation Insight

Aon's Aviation Insight website brings together all of the Aon Aviation & Aerospace publications.

It also opens up an opportunity for the aviation market to debate what we have to say. Please make use of the Comments function at the bottom of each article to get your views across, but please note we'll be editing contributions to make sure they stay within the realms of decency.

We welcome your comments, suggestions and even contributions, so please feel free to contact us. If you would like to be kept informed about Aon Aviation & Aerospace publications as soon as they are available, please subscribe here.

Aon Airline Insurance Market News, December 2009

The renewal season is now in full swing and at first glance prices are rising at speed. Appearances are deceptive, however.

Please follow this link to read Aon's Airline Insurance Market News, December 2009. 

Press release: Aon aviation hires fresh talent

LONDON, 23 November 2009: Aon, the UK’s largest insurance broker, has made six new appointments to its aviation team. The move is part of Aon’s recruitment drive to bring in fresh thinking and further rejuvenate the strength of its service offering to clients. The aviation team has undergone significant change, presenting the opportunity for new talent to demonstrate their skills and enhance their career path, while supporting and working with senior managers on global accounts.

Aon Airline Insurance Market News, November 2009

Over the next six weeks around 60% of the airline industry’s annual lead hull and liability premium is likely to be placed. The question is have the hard market conditions abated?

Please follow this link to read the A4 size version of Aon's Airline Insurance Market News, November 2009.

Please follow this link to read the letter size version of Aon's Airline Insurance Market News, November 2009.

Aon General Aviation Insurance Market Update, Q3/4 2009

The general aviation insurance market is currently split in its approach to its two main sectors. For fixed-wing renewals, capacity is driving competition and prices are falling as a result, while for rotor-wing renewals the high level of losses is driving prices up, although at a slower rate than earlier in the year.

Please follow this link to read the A4 size version of Aon's General Aviation Insurance Market Update, Q3/4 2009.

Please follow this link to read the letter size version of Aon's General Aviation Insurance Market Update, Q3/4 2009.

Aon Airline Insurance Market News, October 2009

The hard market conditions continue, with all indicators suggesting that the negotiations in the airline insurance market are very challenging.

Please follow this link to read the A4 size version of Aon's Airline Insurance Market News, October 2009.

Please follow this link to read the letter size version of Aon's Airline Insurance Market News, October 2009.

Aon Aerospace Insurance Market News, Quarter Four 2009

The cost of lead premium in the aerospace insurance market continues to decline slightly, with average year on year reductions of 2%. Individual sub-sectors continue to follow the patterns laid down in during the first few months of the year.

Please follow this link to read the A4 size version of Aon's Aerospace Insurance Market News, Q4 2009.

Please follow this link to read the letter size version of Aon's Aerospace Insurance Market News, Q4 2009.

Aon Airline Insurance Market News, September 2009

There was limited activity in the airline insurance markets during August, but average lead premium increases have continued to be above 20% for the third consecutive month.

Please follow this link to read the A4 size version of Aon's Airline Insurance Market News, September 2009.

 

Please follow this link to read the letter size version of Aon's Airline Insurance Market News, September 2009.

Aon Airline Insurance Market Indicators 2009/10

The high value of losses and fatalities in the aviation sector has driven the airline insurance market into a far harder position so far this year. Lead hull and liability premium rose on average by nearly 20% between January and July 2009, and there is little sign that the position will improve during the final quarter.

This is the key finding of Aon's Airline Insurance Market Indicators 2009/10 report, which brings together the analysis that we have made so far this year as the industry and the market prepare for the frenetic final quarter when more than 60% of the year's total lead premium could be placed.

Please follow this link to read Aon's Airline Insurance Market Indicators 2009/10

Aon Airline Insurance Market News, August 2009

July is the second consecutive month where the average cost of lead hull and liability premium has risen by more than 20%, the Aon Airline Insurance Market News, August 2009 shows.

 

The newsletter also looks at the history of terrorist threats to the aviation industry with an extract from Terrorism Tracker, a monthly newsletter produced for Aon Crisis Management by Janusian/The Risk Advisory Group.

 

Please follow this link to read the Aon Airline Insurance Market News, August 2009.

Aon Aerospace Insurance Market News, Quarter Three 2009

The aerospace insurance markets continue to give slight reductions in the main, although prices are rising for airframe manufacturers, Aon's Aerospace Insurance Market News, Quarter Three 2009 shows.

 

The recent airline losses are changing the dynamics of the aerospace insurance markets, however. The reductions in the cost of insurance that are being seen in the airport and air traffic control sub-sector are increasingly a reflection of falling passenger numbers and aircraft movement forecasts, whereas last year the reductions were the result of generally lower risk perceptions for the aviation industry.

 

Follow this link to read Aon's Aerospace Insurance Market News, Quarter Three 2009.