Could the Insurance Industry Be Doing More to Help the Aviation Industry Achieve Sustainability?
Martin Gary discusses whether the insurance industry is currently supporting the sustainable development of aviation, future trends and technologies being harnessed to meet ESG targets, and current restrictions impeding aviation’s sustainable future.
The Impact of Sanctions on Aviation and Safety in the Air
Economic sanctions used for foreign policy purposes are economic penalties – such as prohibiting trade, stopping financial transactions or barring economic and military assistance – used to influence a nation and provide incentives for obedience with the rule of law or other governing rules and regulations.
Cover aspects in aviation insurance in respect of war and terrorism
In addition to this general exclusion referring to damage occurred, there exists clause LSW617 that restricts the validity of cover itself: there is generally no cover for various named high-risk and existing crisis and war zones.
Changes and challenges for aviation after Covid-19
The effects of Covid-19 and the resulting standstill in air traffic are well known. But which developments can we expect in the future? What will airports and aircraft look like in the future? Even if we are already quite carefree about the pandemic in our everyday lives, some innovations are necessary and to be expected (if not already introduced) that will affect us when we fly
Sky dangers
Safety is of enormous importance, especially in the field of aviation, and must or will become an increasingly important issue – but accidents still happen. We also see the effects in the developments of aviation insurance.