The global aviation insurance market, valued at US$4.5 billion in 2024, is expected to reach US$5.8 billion by 2030, with a CAGR of 4.5%. This growth is driven by increased complexity and rising operational risks in aviation due to geopolitical tensions, cyber threats, and climate-related disruptions. As fleet expansion continues, insurers are adapting through digital transformation, offering specialized coverage and using AI for risk assessment. Key growth markets include Asia-Pacific and LatinRead More
