Aviation Insurance Market: Rise in number of passengers opting for air travel mode has increased tremendously in the market.

Allied Market Research published a report, titled, “Aviation Insurance Market by Insurance Type (Public Liability Insurance, Passenger Liability Insurance, Combined Single Limit (CSL), In-Flight Insurance, and Others) and Application (Commercial Aviation, General & Business Aviation and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to the report, the global aviation insurance industry generated $3.43 billion in 2021, and is anticipated …

Aviation Insurance Market : Global Opportunity Analysis and Industry Forecast, 2021–2030 At CAGR of 5.6%.

Aviation insurance refers to indemnification of a client against losses arising from the result of damages, maintenance, or use of aircraft, and hangars at the airport. The global aviation insurance market size was valued at $3,430.20 million in 2020, and is projected to reach $5,759.97 million by 2030, registering a CAGR of 5.6% from 2021 …