{"id":2769,"date":"2019-05-02T15:41:41","date_gmt":"2019-05-02T15:41:41","guid":{"rendered":"http:\/\/true-course.com\/site\/?p=2769"},"modified":"2019-05-02T15:41:41","modified_gmt":"2019-05-02T15:41:41","slug":"2019-aviation-insurance-hard-market-segments","status":"publish","type":"post","link":"https:\/\/true-course.com\/web\/2019\/05\/02\/2019-aviation-insurance-hard-market-segments\/","title":{"rendered":"2019 Aviation Insurance Hard Market Segments"},"content":{"rendered":"\n<p>We are now past the 1st quarter of the first aviation insurance hardmarket in more than 15 years and we have a better idea of how each segment of the marketplace is being affected:<\/p>\n\n\n\n<p>Highest increases in premium and reductions in coverage (as much as 100% &#8211; 300% ):<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Helicopter operations with owner pilots<\/li><li>Commercial helicopter operations<\/li><li>Turbine operations with owner pilots<\/li><li>Charter operators with piston aircraft<\/li><\/ul>\n\n\n\n<p>Overall increases in the order of 10% to 20%:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Charter Operations<\/li><li>Products Liability<\/li><li>Older aircraft<\/li><li>Pilots aged 70 or higher<\/li><\/ul>\n\n\n\n<p>Mostly unaffected segments:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Light Aircraft with low value, low liability limits, experienced pilots.<\/li><li>Part 91 business jets.<\/li><\/ul>\n\n\n\n<p>Soft segments showing rate decreases:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Workers Compensation<\/li><\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>The industry consensus is that aircraft insurance rates will continue to harden and increase, the perceived period of the hard market is 3-4 years. As always extraordinary world events can change the hard market, usually for the worst.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are now past the 1st quarter of the first aviation insurance hardmarket in more than 15 years and we have a better idea of how each segment of the marketplace is being affected: Highest increases in premium and reductions in coverage (as much as 100% &#8211; 300% ): Helicopter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24],"class_list":["post-2769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-aircraft-insurance"],"_links":{"self":[{"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/posts\/2769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/comments?post=2769"}],"version-history":[{"count":0,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/posts\/2769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/media\/2181"}],"wp:attachment":[{"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/media?parent=2769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/categories?post=2769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/tags?post=2769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}