Demand for air travel is predicted to double in the next ten years. The London insurance market provides commercial airlines with the cover they need to invest with confidence, making it possible to grow and upgrade their fleets.
The London insurance market accounts for 56% of global aviation insurance, creating a unique eco-system delivering collaborative solutions for developing risks. By building a consortium to insure against airlines defaulting on loans for new aircraft, the market reduced the cost of borrowing for airlines while increasing the lenders’ confidence in the transaction.
