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KEY FEATURES OF AVIATION INSURANCE

One of the most specialized fields in Insurance Underwriting &Claims Handling

Losses can be catastrophic in nature

Losses have cost insurers worldwide hundreds of millions in dollars

No single insurer has resources to retain a risk the size of a largeairline, or even a substantial
proportion of such a risk

Thus a large portion of the risk is placed in the Reinsurancemarkettypically this involves Lloyds
Syndicates, European Pools,ROW and US Pools, Bermuda Specialty Writers, etc.

On account of Reinsurance as also due to its specialized nature..Aviation Insurance is largely

broker driven

Specialized aviation insurance brokers play a key role in makingavailable the best terms to clients