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Global Aerospace Insurance Market 2015-2019 - Multiple Insurers Covering Same Airport

20:00 EDT 3 Jun 2015 | Globe Newswire

Dublin, June 04, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/htt5cg/global_aerospace) has announced the addition of the "Global Aerospace Insurance Market 2015-2019" report to their offering.

The Global Aerospace Insurance market to grow at a CAGR of -7.20 percent over the period 2014-2019

Aerospace insurance is the insurance coverage designed mainly for airports and the operations at airports, manufacturers, and service providers. The Aerospace sector is one of the prominent sectors worldwide. This sector is responsible for the conveyance of growing number of passengers and goods. The challenges faced by companies that exist in this sector are similar and are global in nature.

The report covers the present scenario and the growth prospects of the Global Aerospace Insurance market for the period 2015-2019. The market can be segmented into three: Manufacturers, Airports, and Service Providers.

One of the major factors influencing the Global Aerospace Insurance Market is the reduction in the number of insurance claims. Improvement in technology ensures more rigorous testing of parts, which leads to a reduction in the number of accidents and hence reduces insurance claims.

According to the report, establishment of new airports is a major driver in the Global Aerospace Insurance Market. Lately, underwriters covering the aerospace industry have witnessed a drop in premiums because of fewer claims and low fatality levels.

Further, the report states that accidental and catastrophic risks pose a great challenge to the market. Accidents caused by natural catastrophes, human error or war between countries have led to an increase in insurance costs and premiums.

Key Vendors

  • Aerospace Insurance Managers
  • Allianz Global Corporate & Specialty
  • American International Group
  • Aon
  • Global Aerospace
  • Marsh

Other Prominent Vendors

  • Aviation Insurance Holdings
  • Catlin Group
  • Willis Group Holdings
  • XL Group

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by End-users
  8. Geographical Segmentation
  9. Buying Criteria
  10. Market Growth Drivers
  11. Drivers and their Impact
  12. Market Challenges
  13. Impact of Drivers and Challenges
  14. Market Trends
  15. Trends and their Impact
  16. Vendor Landscape
  17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/htt5cg/global_aerospace




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         Laura Wood, Senior Manager
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         Sector: Insurance, Aerospace

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