1、A business of Marsh McLennanH1 2025Aviation insurance market overviewIntroduction1Factors impacting the London insurance market2Premium change analysis3Potential risk capacity4Appendix5ContentsAviation insurance market overview H1 2025Aviation insurance market overview H1 2025The first half of 2025

2、was marked by turbulence,with conflict and tariffs dominating headlines and creating economic uncertainty for businesses and consumers.As Q2 progressed and tariffs were temporarily reprieved,markets rebounded,and positive consumer sentiment and spending appeared to follow.However,ongoing geopolitica

3、l tensions and unresolved trade issues suggest that uncertainty is likely to persist.Several major incidents involving commercial airlines in the first half of 2025 resulted in the tragic loss of over 300 lives.Attrition continued to rise,driven by increased costs.The UK High Court issued a ruling i

4、n favor of aircraft leasing companies,with potential implications for the aviation insurance market.Underwriting capacity remains plentiful.However,one(re)insurers withdrawal from direct aviation insurance,in addition to insurers performance overall,may lead to strategic shifts.Overall as we move in

5、to the second half of 2025,the outlook for the aviation insurance market remains positive.There is a surplus of capacity to meet the growing demands of the aviation industry,supporting continued growth and stability.Executive summaryDavid GeorgeDeputy Chairman of Aviation,UK&IrelandFactors impacting

6、 the London insurance marketAviation insurance market overview H1 2025Aviation insurance market overview H1 2025AirlinesGA AerospaceFactors impacting the London insurance market during H1 2025Market factorsCurrent status5In 2024,both revenue and passenger numbers reached record highs.However,as we m