Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.61 Billion | USD 8.30 Billion | 6.05% | 2024 |
FrequentlyAsked Questions
Aviation insurance is a financial risk-minimizing and management policy specially designed for the aviation industry.
The global aviation insurance market is expected to be led by increasing air traffic across the globe.
According to study, the global aviation insurance market size was worth around USD 4.61 billion in 2024 and is predicted to grow to around USD 8.30 billion by 2034.
The CAGR value of the aviation insurance market is expected to be around 6.05% during 2025-2034.
The global aviation insurance market will be led by North America during the projection period.
The global aviation insurance market is led by players like AXA XL, Allianz Global Corporate & Specialty SE, Swiss Re Corporate Solutions Ltd, QBE Aviation, Willis Towers Watson, Aon plc, AIG (American International Group Inc.), Starr Aviation (Starr Indemnity & Liability Company), Great American Insurance Company, Global Aerospace Inc., Tokio Marine HCC, Munich Reinsurance Company, Hallmark Financial Services Inc., Old Republic Aerospace, Inc., and Chubb Limited.
The report explores crucial aspects of the aviation insurance market, including a detailed discussion of existing growth factors and restraints, while browsing future growth opportunities and challenges that impact the market.
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