Global Aerospace Insurance Market 2016-2020 - Product Image

Global Aerospace Insurance Market 2016-2020

  • ID: 3972168
  • Report
  • Region: Global
  • 59 pages
  • TechNavio
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FEATURED COMPANIES

  • Allianz
  • Aon
  • Arthur J Gallagher & Co
  • Avion Insurance
  • Global Aerospace
  • Hiscox London Market
  • MORE
About Aerospace Insurance

Aerospace insurance, as covered in this report, encompasses the insurance policies designed for airlines, airports and their operations, as well as other aviation service providers. Aerospace is one of the biggest sectors worldwide responsible for the conveyance of a growing number of passengers and cargo.

The analysts forecast the global aerospace insurance market to decline at a CAGR of -0.37% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global aerospace insurance market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of aerospace insurance.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Thoracic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Allianz
- American International Group (AIG)
- Aon
- Hallmark Aerospace Insurance Managers
- Marsh
- Old Republic Aerospace

Other prominent vendors
- Arthur J. Gallagher & Co
- Avion Insurance
- Global Aerospace
- Hiscox London Market
- Wells Fargo
- Willis Towers Watson
- XL Catlin

Market drivers
- Establishment of new airports
- For a full, detailed list, view the full report

Market challenges
- Lack of awareness and delayed services
- For a full, detailed list, view the full report

Market trends
- Reduced insurance claims and increased underwriting capacity
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • Allianz
  • Aon
  • Arthur J Gallagher & Co
  • Avion Insurance
  • Global Aerospace
  • Hiscox London Market
  • MORE
Part 01: Executive summary
  • Highlights
  • Insurance transaction
Part 02: Scope of the report
  • Market overview
  • Top-vendor offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation
  • Global aerospace insurance market segmentation by end-user
  • Global aerospace insurance market: Service providers
  • Global aerospace insurance market: Airport operators
  • Global aerospace insurance market: Others
Part 07: Geographical segmentation
  • Global aerospace insurance market segmentation by geography
  • Aerospace insurance market in Americas
  • Aerospace insurance market in EMEA
  • Aerospace insurance market in APAC
Part 08: Key leading countries

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

Part 14: Vendor landscape
  • Competitive scenario
Part 15: Key vendor analysis
  • Allianz
  • American International Group (AIG)
  • Aon
  • Hallmark Aerospace Insurance Managers
  • Marsh
  • Old Republic Aerospace
  • Other prominent vendors
Part 16: Appendix
  • List of abbreviations
Part 17: About the Author

List of Exhibits
Exhibit 01: Lifecycle of insurance
Exhibit 02: Key countries in each region
Exhibit 03: Product offerings
Exhibit 04: General parameters considered when buying an insurance
Exhibit 05: Segmentation of global aerospace insurance market
Exhibit 06: Global aerospace insurance market 2015-2020 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Global aerospace insurance market segmentation by end-user
Exhibit 09: Global aerospace insurance market segmentation by application 2015-2020
Exhibit 10: Global aerospace insurance market segmentation by revenue 2015-2020 ($ millions)
Exhibit 11: Global aerospace insurance market: Service providers ($ millions)
Exhibit 12: Global aerospace insurance market: Airport operators ($ millions)
Exhibit 13: New investments in airport projects ($ billions)
Exhibit 14: Global aerospace insurance market: Others ($ millions)
Exhibit 15: Global aerospace insurance market segmentation by geography 2015 and 2020
Exhibit 16: Geographical segmentation of global aerospace insurance market ($ millions)
Exhibit 17: Aerospace insurance market in Americas 2015-2020 ($ millions)
Exhibit 18: Aerospace insurance market in EMEA 2015-2020 ($ millions)
Exhibit 19: Aerospace insurance market in APAC 2015-2020 ($ millions)
Exhibit 20: Key leading countries based on growth rate 2015-2020
Exhibit 21: Global airport projects under construction in 2015
Exhibit 22: Impact of drivers
Exhibit 23: Recent aircraft accidents
Exhibit 24: Impact of drivers and challenges
Exhibit 25: List of key vendors
Exhibit 26: Allianz: Product segmentation
Exhibit 27: AIG: Product segmentation
Exhibit 28: Aerospace Insurance Managers: Product segmentation
Exhibit 29: Marsh: Product segmentation
Exhibit 30: Old Republic Aerospace: Product segmentation
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FEATURED COMPANIES

  • Allianz
  • Aon
  • Arthur J Gallagher & Co
  • Avion Insurance
  • Global Aerospace
  • Hiscox London Market
  • MORE
New Report Released: – Global Aerospace Insurance Market 2016-2020

The author of the report recognizes the following companies as the key players in the global aerospace insurance market: Allianz, American International Group (AIG), Aon, Hallmark Aerospace Insurance Managers, Marsh, and Old Republic Aerospace

Other Prominent Vendors in the market are: Arthur J. Gallagher & Co, Avion Insurance, Global Aerospace, Hiscox London Market, Wells Fargo, Willis Towers Watson, and XL Catlin

Commenting on the report, an analyst from the research team said: “Aviation insurance covers liabilities originating from ground handling, passenger injuries, delays, baggage liability, injuries because of accidents, and aviation product liability. The premium paid depends on the size of operations in an airport, air traffic data, and the number of airlines using the services of an airport. As a result of an increase in the number of airports, demand for ground handling, and aircraft fueling, aviation product liabilities will also increase, which can lead to two or more insurers covering business segments of an airport during the forecast period.”

According to the report, the soft market conditions in the global aerospace insurance market are expected to get a push from the establishment of new airports that will need services such as ground handling. Recently, with the development of "smart airports," a number of automated systems have been implemented for passengers who prefer self-service. These automated systems are usually deployed across the airport facilities, from check-in kiosks to baggage handling systems.

Further, the report states that lack of awareness about insurance as a protection tool and inadequate details about the types of insurance products pose a major threat to the market. This often keeps potential clients away, which is one of the primary reasons for the slow growth of the market. The insurance service providers usually offer services for mid- to long-term period. Thus, the customer tends to avoid investing in such policies in a market as volatile as aerospace, where the profitability of the carriers is highly dependent on the cost of jet fuel. Also, the claim settlement process is a vital component of the whole process flow as it is crucial for the goodwill of the insurance company. Often, the insurance companies are not quicker in processing claims, particularly due to slow processing of documents through various public departments in a foreign country. This has reduced clients' trust in travel insurance products and has discouraged travelers and airline operators from investing in such products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Allianz
  • American International Group (AIG)
  • Aon
  • Hallmark Aerospace Insurance Managers
  • Marsh
  • Old Republic Aerospace
  • Arthur J Gallagher & Co
  • Avion Insurance
  • Global Aerospace
  • Hiscox London Market
  • Wells Fargo
  • Willis Towers Watson
  • XL Catlin
Note: Product cover images may vary from those shown
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