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Aviation reinsurance market unaffected by COVID at renewals: GC

January 10, 2022

Analysts at Guy Carpenter have reported that the general aviation and aerospace markets remained “relatively unaffected” by COVID-19 at the January 1, 2022 renewal period.

After two years of increases in these markets, the broker reported that reinsurers priced as before or slightly higher (up 2.5%) as an average across programs on a risk-adjusted basis.

Profitable treaties also received minor increases in commissions and space clients were able to complete their panels with relative ease at January 1.

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