Video – Aerospace Marketplace: The View from 30,000 Feet

Steve Doyle talks with WillisTV about the Aerospace Marketplace

Steve Doyle talks with WillisTV about the Aerospace Marketplace

We are going through a particularly benign loss period in the aviation insurance market. There has been $500m worth of losses in the first eight months of this year and just over $1bn worth of losses last year. Compare that with a five-year loss average of $2bn and you get two excellent years for underwriters.

With premiums down overall 5% this year it looks as if these conditions are set to continue.  I spoke to Willis TV about my view of the aviation insurance market as well as what it will take to significantly shift the market.

 

About Steve Doyle

Steve is the Willis Aerospace Business Development & Sales Director in London, where he leads the division’s …
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