Plane Talking -  June 2011

Executive Summary: Market - just coasting or is it lost?

The recent series of natural catastrophes has had little impact (at least so far) on the market. Aviation losses, whilst still happening, have also been light, relative to prior years.

As a consequence little has changed in the aviation market over the first half of 2011, with premiums holding much as expiring, however with exposures generally predicted to increase, this means that premium rates have softened further over the period.

Whilst insurers have been more selective over the risks written, capacity has continued to be more than adequate in most instances. "Paid up" terms are still in the market but not quite as prominent as before.

Download this month's edition of Plane Talking (Adobe PDF 293kb)