Sunday, March 22, 2026
6.8 C
New York

Aviation insurance facing rising claims and market shifts – report

Share

Rising maintenance and repair costs, driven by material shortages, workforce scarcity, and exclusive OEM servicing of modern engines, have increased financial pressures on insurers. Even minor incidents, such as bird strikes, have raised repair costs by approximately 39% over three years.

Admin
Adminhttp://safefirepro.com
Michael J. Anderson is a U.S.-based fire safety enthusiast and writer who focuses on making fire protection knowledge simple and accessible. With a strong background in researching fire codes, emergency response planning, and safety equipment, he creates content that bridges the gap between technical standards and everyday understanding.

Latest Articles

Read More