With 1 January on the horizon, David Bell, head of aviation, speaks to Insurance Day about current market dynamics that continue to play out – and what these signify for the upcoming renewal season and how reinsurers are likely to respond.
A sustainable aviation reinsurance market needs more than higher rates

Current market tensions have arisen following a prolonged soft market and the largest loss in history, driving demand for higher technical rates - set against a global pandemic that has had a devastating impact on the aviation industry and its ability to dramatically increase total market premium.

David explores whether we are set for clearer skies in 2022 in terms of pricing, premium, exposure and profitability, or whether new clouds of challenge are likely to take shape to obscure the outlook.

Please note that this article was first published by Insurance Day on 16 November 2021 and is shared with their kind permission.

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