Aircraft Insurance Market, Global Outlook and Forecast 2022-2028

March 2022 | 65 pages | ID: AEC5839292BEEN
Market Monitor Global

Abstracts

Aircraft insurance, also called aviation insurance is financial protection designed to cover the risks associated with operating aircraft and aviation. As the aviation industry has hazards that are not common with other methods of transport, a specific type of liability insurance is required to cover these unique risks. These risks can involve the maintenance and use of aircraft, property damage, loss of cargo, or injury to people. Aviation insurance protects both its owners and aircraft operators from unforeseen losses.

This report contains market size and forecasts of Aircraft Insurance in Global, including the following market information:

Global Aircraft Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Aircraft Insurance market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Public Liability Insurance Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Aircraft Insurance include Allianz, Starr International, Marsh, AIG, Berkshire Hathaway, AXA, Chubb, Munich Re and Ace Aviation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Aircraft Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Aircraft Insurance Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Aircraft Insurance Market Segment Percentages, by Type, 2021 (%)

• Public Liability Insurance
• Passenger Liability Insurance
• Combined Single Limit (CSL)
• Ground Risk Hull (Motion) Insurance
• Ground Risk Hull (Non-Motion) Insurance

Global Aircraft Insurance Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Aircraft Insurance Market Segment Percentages, by Application, 2021 (%)

• Private Aircraft Insurance
• Commercial Aviation Insurance
• Others

Global Aircraft Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Aircraft Insurance Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Aircraft Insurance revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Aircraft Insurance revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Allianz
• Starr International
• Marsh
• AIG
• Berkshire Hathaway
• AXA
• Chubb
• Munich Re
• Ace Aviation
• Santam Insurance
• Old Republic Aerospace, Inc. (ORAE)
• HCC Insurance

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Aircraft Insurance Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Aircraft Insurance Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL AIRCRAFT INSURANCE OVERALL MARKET SIZE

2.1 Global Aircraft Insurance Market Size: 2021 VS 2028
2.2 Global Aircraft Insurance Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Aircraft Insurance Players in Global Market
3.2 Top Global Aircraft Insurance Companies Ranked by Revenue
3.3 Global Aircraft Insurance Revenue by Companies
3.4 Top 3 and Top 5 Aircraft Insurance Companies in Global Market, by Revenue in 2021
3.5 Global Companies Aircraft Insurance Product Type
3.6 Tier 1, Tier 2 and Tier 3 Aircraft Insurance Players in Global Market
  3.6.1 List of Global Tier 1 Aircraft Insurance Companies
  3.6.2 List of Global Tier 2 and Tier 3 Aircraft Insurance Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Aircraft Insurance Market Size Markets, 2021 & 2028
  4.1.2 Public Liability Insurance
  4.1.3 Passenger Liability Insurance
  4.1.4 Combined Single Limit (CSL)
  4.1.5 Ground Risk Hull (Motion) Insurance
  4.1.6 Ground Risk Hull (Non-Motion) Insurance
4.2 By Type - Global Aircraft Insurance Revenue & Forecasts
  4.2.1 By Type - Global Aircraft Insurance Revenue, 2017-2022
  4.2.2 By Type - Global Aircraft Insurance Revenue, 2023-2028
  4.2.3 By Type - Global Aircraft Insurance Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Aircraft Insurance Market Size, 2021 & 2028
  5.1.2 Private Aircraft Insurance
  5.1.3 Commercial Aviation Insurance
  5.1.4 Others
5.2 By Application - Global Aircraft Insurance Revenue & Forecasts
  5.2.1 By Application - Global Aircraft Insurance Revenue, 2017-2022
  5.2.2 By Application - Global Aircraft Insurance Revenue, 2023-2028
  5.2.3 By Application - Global Aircraft Insurance Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Aircraft Insurance Market Size, 2021 & 2028
6.2 By Region - Global Aircraft Insurance Revenue & Forecasts
  6.2.1 By Region - Global Aircraft Insurance Revenue, 2017-2022
  6.2.2 By Region - Global Aircraft Insurance Revenue, 2023-2028
  6.2.3 By Region - Global Aircraft Insurance Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Aircraft Insurance Revenue, 2017-2028
  6.3.2 US Aircraft Insurance Market Size, 2017-2028
  6.3.3 Canada Aircraft Insurance Market Size, 2017-2028
  6.3.4 Mexico Aircraft Insurance Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Aircraft Insurance Revenue, 2017-2028
  6.4.2 Germany Aircraft Insurance Market Size, 2017-2028
  6.4.3 France Aircraft Insurance Market Size, 2017-2028
  6.4.4 U.K. Aircraft Insurance Market Size, 2017-2028
  6.4.5 Italy Aircraft Insurance Market Size, 2017-2028
  6.4.6 Russia Aircraft Insurance Market Size, 2017-2028
  6.4.7 Nordic Countries Aircraft Insurance Market Size, 2017-2028
  6.4.8 Benelux Aircraft Insurance Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Aircraft Insurance Revenue, 2017-2028
  6.5.2 China Aircraft Insurance Market Size, 2017-2028
  6.5.3 Japan Aircraft Insurance Market Size, 2017-2028
  6.5.4 South Korea Aircraft Insurance Market Size, 2017-2028
  6.5.5 Southeast Asia Aircraft Insurance Market Size, 2017-2028
  6.5.6 India Aircraft Insurance Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Aircraft Insurance Revenue, 2017-2028
  6.6.2 Brazil Aircraft Insurance Market Size, 2017-2028
  6.6.3 Argentina Aircraft Insurance Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Aircraft Insurance Revenue, 2017-2028
  6.7.2 Turkey Aircraft Insurance Market Size, 2017-2028
  6.7.3 Israel Aircraft Insurance Market Size, 2017-2028
  6.7.4 Saudi Arabia Aircraft Insurance Market Size, 2017-2028
  6.7.5 UAE Aircraft Insurance Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Allianz
  7.1.1 Allianz Corporate Summary
  7.1.2 Allianz Business Overview
  7.1.3 Allianz Aircraft Insurance Major Product Offerings
  7.1.4 Allianz Aircraft Insurance Revenue in Global Market (2017-2022)
  7.1.5 Allianz Key News
7.2 Starr International
  7.2.1 Starr International Corporate Summary
  7.2.2 Starr International Business Overview
  7.2.3 Starr International Aircraft Insurance Major Product Offerings
  7.2.4 Starr International Aircraft Insurance Revenue in Global Market (2017-2022)
  7.2.5 Starr International Key News
7.3 Marsh
  7.3.1 Marsh Corporate Summary
  7.3.2 Marsh Business Overview
  7.3.3 Marsh Aircraft Insurance Major Product Offerings
  7.3.4 Marsh Aircraft Insurance Revenue in Global Market (2017-2022)
  7.3.5 Marsh Key News
7.4 AIG
  7.4.1 AIG Corporate Summary
  7.4.2 AIG Business Overview
  7.4.3 AIG Aircraft Insurance Major Product Offerings
  7.4.4 AIG Aircraft Insurance Revenue in Global Market (2017-2022)
  7.4.5 AIG Key News
7.5 Berkshire Hathaway
  7.5.1 Berkshire Hathaway Corporate Summary
  7.5.2 Berkshire Hathaway Business Overview
  7.5.3 Berkshire Hathaway Aircraft Insurance Major Product Offerings
  7.5.4 Berkshire Hathaway Aircraft Insurance Revenue in Global Market (2017-2022)
  7.5.5 Berkshire Hathaway Key News
7.6 AXA
  7.6.1 AXA Corporate Summary
  7.6.2 AXA Business Overview
  7.6.3 AXA Aircraft Insurance Major Product Offerings
  7.6.4 AXA Aircraft Insurance Revenue in Global Market (2017-2022)
  7.6.5 AXA Key News
7.7 Chubb
  7.7.1 Chubb Corporate Summary
  7.7.2 Chubb Business Overview
  7.7.3 Chubb Aircraft Insurance Major Product Offerings
  7.7.4 Chubb Aircraft Insurance Revenue in Global Market (2017-2022)
  7.7.5 Chubb Key News
7.8 Munich Re
  7.8.1 Munich Re Corporate Summary
  7.8.2 Munich Re Business Overview
  7.8.3 Munich Re Aircraft Insurance Major Product Offerings
  7.8.4 Munich Re Aircraft Insurance Revenue in Global Market (2017-2022)
  7.8.5 Munich Re Key News
7.9 Ace Aviation
  7.9.1 Ace Aviation Corporate Summary
  7.9.2 Ace Aviation Business Overview
  7.9.3 Ace Aviation Aircraft Insurance Major Product Offerings
  7.9.4 Ace Aviation Aircraft Insurance Revenue in Global Market (2017-2022)
  7.9.5 Ace Aviation Key News
7.10 Santam Insurance
  7.10.1 Santam Insurance Corporate Summary
  7.10.2 Santam Insurance Business Overview
  7.10.3 Santam Insurance Aircraft Insurance Major Product Offerings
  7.10.4 Santam Insurance Aircraft Insurance Revenue in Global Market (2017-2022)
  7.10.5 Santam Insurance Key News
7.11 Old Republic Aerospace, Inc. (ORAE)
  7.11.1 Old Republic Aerospace, Inc. (ORAE) Corporate Summary
  7.11.2 Old Republic Aerospace, Inc. (ORAE) Business Overview
  7.11.3 Old Republic Aerospace, Inc. (ORAE) Aircraft Insurance Major Product Offerings
  7.11.4 Old Republic Aerospace, Inc. (ORAE) Aircraft Insurance Revenue in Global Market (2017-2022)
  7.11.5 Old Republic Aerospace, Inc. (ORAE) Key News
7.12 HCC Insurance
  7.12.1 HCC Insurance Corporate Summary
  7.12.2 HCC Insurance Business Overview
  7.12.3 HCC Insurance Aircraft Insurance Major Product Offerings
  7.12.4 HCC Insurance Aircraft Insurance Revenue in Global Market (2017-2022)
  7.12.5 HCC Insurance Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Aircraft Insurance Market Opportunities & Trends in Global Market
Table 2. Aircraft Insurance Market Drivers in Global Market
Table 3. Aircraft Insurance Market Restraints in Global Market
Table 4. Key Players of Aircraft Insurance in Global Market
Table 5. Top Aircraft Insurance Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Aircraft Insurance Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Aircraft Insurance Revenue Share by Companies, 2017-2022
Table 8. Global Companies Aircraft Insurance Product Type
Table 9. List of Global Tier 1 Aircraft Insurance Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Aircraft Insurance Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Aircraft Insurance Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Aircraft Insurance Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Aircraft Insurance Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Aircraft Insurance Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Aircraft Insurance Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Aircraft Insurance Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Aircraft Insurance Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Aircraft Insurance Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Aircraft Insurance Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Aircraft Insurance Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Aircraft Insurance Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Aircraft Insurance Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Aircraft Insurance Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Aircraft Insurance Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Aircraft Insurance Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Aircraft Insurance Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Aircraft Insurance Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Aircraft Insurance Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Aircraft Insurance Revenue, (US$, Mn), 2023-2028
Table 30. Allianz Corporate Summary
Table 31. Allianz Aircraft Insurance Product Offerings
Table 32. Allianz Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 33. Starr International Corporate Summary
Table 34. Starr International Aircraft Insurance Product Offerings
Table 35. Starr International Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 36. Marsh Corporate Summary
Table 37. Marsh Aircraft Insurance Product Offerings
Table 38. Marsh Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 39. AIG Corporate Summary
Table 40. AIG Aircraft Insurance Product Offerings
Table 41. AIG Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 42. Berkshire Hathaway Corporate Summary
Table 43. Berkshire Hathaway Aircraft Insurance Product Offerings
Table 44. Berkshire Hathaway Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 45. AXA Corporate Summary
Table 46. AXA Aircraft Insurance Product Offerings
Table 47. AXA Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 48. Chubb Corporate Summary
Table 49. Chubb Aircraft Insurance Product Offerings
Table 50. Chubb Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 51. Munich Re Corporate Summary
Table 52. Munich Re Aircraft Insurance Product Offerings
Table 53. Munich Re Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 54. Ace Aviation Corporate Summary
Table 55. Ace Aviation Aircraft Insurance Product Offerings
Table 56. Ace Aviation Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 57. Santam Insurance Corporate Summary
Table 58. Santam Insurance Aircraft Insurance Product Offerings
Table 59. Santam Insurance Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 60. Old Republic Aerospace, Inc. (ORAE) Corporate Summary
Table 61. Old Republic Aerospace, Inc. (ORAE) Aircraft Insurance Product Offerings
Table 62. Old Republic Aerospace, Inc. (ORAE) Aircraft Insurance Revenue (US$, Mn), (2017-2022)
Table 63. HCC Insurance Corporate Summary
Table 64. HCC Insurance Aircraft Insurance Product Offerings
Table 65. HCC Insurance Aircraft Insurance Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Aircraft Insurance Segment by Type in 2021
Figure 2. Aircraft Insurance Segment by Application in 2021
Figure 3. Global Aircraft Insurance Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Aircraft Insurance Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Aircraft Insurance Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Aircraft Insurance Revenue in 2021
Figure 8. By Type - Global Aircraft Insurance Revenue Market Share, 2017-2028
Figure 9. By Application - Global Aircraft Insurance Revenue Market Share, 2017-2028
Figure 10. By Region - Global Aircraft Insurance Revenue Market Share, 2017-2028
Figure 11. By Country - North America Aircraft Insurance Revenue Market Share, 2017-2028
Figure 12. US Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Aircraft Insurance Revenue Market Share, 2017-2028
Figure 16. Germany Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 17. France Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Aircraft Insurance Revenue Market Share, 2017-2028
Figure 24. China Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 28. India Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Aircraft Insurance Revenue Market Share, 2017-2028
Figure 30. Brazil Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Aircraft Insurance Revenue Market Share, 2017-2028
Figure 33. Turkey Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Aircraft Insurance Revenue, (US$, Mn), 2017-2028
Figure 37. Allianz Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Starr International Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Marsh Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. AIG Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Berkshire Hathaway Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. AXA Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Chubb Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Munich Re Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Ace Aviation Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Santam Insurance Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Old Republic Aerospace, Inc. (ORAE) Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. HCC Insurance Aircraft Insurance Revenue Year Over Year Growth (US$, Mn) & (2017-2022)