Global Aerospace Insurance market to grow at a CAGR of -7.20% over the period 2014-2019, Finds New Report

Report forecast the Global Aerospace Insurance market to grow at a CAGR of -7.20 percent over the period 2014-2019.

Aerospace insurance is the insurance coverage designed mainly for airports and the operations at airports, manufacturers, and service providers. The Aerospace sector is one of the prominent sectors worldwide. This sector is responsible for the conveyance of growing number of passengers and goods. The challenges faced by companies that exist in this sector are similar and are global in nature.

The report covers the present scenario and the growth prospects of the Global Aerospace Insurance market for the period 2015-2019. The market can be segmented into three: Manufacturers, Airports, and Service Providers.

According to the lead analyst of this report, one of the major factors influencing the Global Aerospace Insurance Market is the reduction in the number of insurance claims. Improvement in technology ensures more rigorous testing of parts, which leads to a reduction in the number of accidents and hence reduces the insurance claims.

According to this report, establishment of new airports is a major driver in the Global Aerospace Insurance Market. Lately, underwriters covering the aerospace industry have witnessed a drop in premiums because of fewer claims and low fatality levels.

Further, the report states that accidental and catastrophic risks pose a great challenge to the market. Accidents caused by natural catastrophes, human error or war between countries have led to an increase in insurance costs and premiums.

The Global Aerospace Insurance Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Aerospace Insurance market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

This report covers the following companies as the key players in the Global Aerospace Insurance Market: Aerospace Insurance Managers Inc., Allianz Group (Operates in the Aerospace Insurance market through its subsidiary Allianz Global Corporate and Specialty SE), American International Group Inc., Aon plc, Global Aerospace Inc. and Marsh Ltd.

Other Prominent Vendors in the market are: Aviation Insurance, Catlin, Willis and XL.

Key Regions

• Americas
• APAC
• EMEA

Key Market Driver

• Inauguration of New Airports
• For a full, detailed list, view our report

Key Market Challenge

• Fierce Competition
• For a full, detailed list, view our report

Key Market Trend

• Multiple Insurers Covering Same Airport
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 78 pages and 22 exhibits, “Global Aerospace Insurance Market 2015-2019” report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by End-users, Geographical Segmentation, Buying Criteria, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4p4

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