| Favorable risks | Challenging risks | |
|---|---|---|
| Airline Hull & Liability | +10% to +15% | +15% and up |
| Airline Hull War | -5% to -10% | Flat |
| Airline Excess War Liability | -5% to Flat | -5% to Flat |
| Aircraft Lessors & Banks | -5% to Flat | +5% to +10% |
| Products Manufacturers & Service Providers | -5% to Flat | Flat to +5% |
| Airports | -5% to Flat | Flat to +5% |
| General Aviation Hull & Liability | Flat | +5% to +10% |
| General Aviation Hull War | Flat | +5% to +10% |
Key takeaway
The insurance market is facing a period of heightened pressure as profitability is challenged by rising claims, inflation and ongoing geopolitical uncertainty. Rate increases are becoming more widespread as insurers seek sustainable pricing, while capacity overall remains available but under closer management oversight. Competitive dynamics still exist in certain areas, with some organizations able to achieve stable or reduced terms, but this is balanced against the potential for volatility if further large industry losses emerge. Broader economic trends, including inflation and higher asset values, are driving up repair and replacement costs, while liability awards are becoming more severe. At the same time, insurers are adopting new technologies and structures to refine risk assessment but they are also subject to greater internal scrutiny, making underwriting decisions more cautious. To secure the best outcomes, organizations should engage early, present clear risk data and approach negotiations strategically to maintain access to capacity.
