Insurance broker Gallagher said in its recent report that last year was challenging for the aviation insurance market given the Ukraine and Israel-Gaza conflicts. Aviation reinsurance rates rose by as much as 25 per cent at the key January 1, 2024 reinsurance renewal date, Gallagher said.
Insurance broker Gallagher said in its recent report that last year was challenging for the aviation insurance market given the Ukraine and Israel-Gaza conflicts. Aviation reinsurance rates rose by as much as 25 per cent at the key January 1, 2024 reinsurance renewal date, Gallagher said.