Aviation premiums set to climb after Air India crash

The Air India Dreamliner crash, coupled with a wave of global aviation losses, is tightening the screws on the insurance market. With reinsurers already facing a historic $4.7 billion payout over aircraft stranded in Russia, industry leaders are bracing for a 10–15% surge in aviation premiums by next year. 

Though major carriers like Air India and IndiGo are shielded for now due to recent renewals, their next premium cycle could be significantly costlier, especially with total losses from the crash estimated to exceed ₹2,000 crore. Global reinsurers are likely to respond by hardening rates, making risk history and underwriting discipline more important than ever for airline operators.

Read the full article for deeper insights into the coming shifts in aviation insurance.