Aviation Casualty Insurance

Judged by the amount of premiums written, aviation insurance comprises a very small portion of the total volume of casualty insurance. However, many of us can remember when the aggregate automobile premiums written by stock companies were small and relatively inconsequential. Automobile insurance grew in volume and importance concurrently with the enormous growth of the automobile industry. It is not unreasonable to expect that when and if the number of aircraft increases there will be a corresponding increase in the volume of aviation insurance written. If there is an increase in air transportation, there will be an increase in the need for insurance protection which will very likely be provided by aviation insurance writing companies.