Aviation Insurance is a very specialized branch of insurance characterized by

• High Risks;
• High values;
• Sophisticated technology;
• Smaller number of Insurance Organizations.

The Aviation Insurance comprises primarily of four risk categories

• Hull Risks;
• Liability Risks;
• Human Life Risks;
• Other Risks viz. Property & Content Risks.

The Aviation Insurance provider's market is mainly driven by international reinsurers. There are a limited number of underwriters and essentially the market is dominated by few key players. Exposures are distributed among the reinsurers and the reinsurance brokers play vital role in Aviation Insurance.

The primary Aviation Insurance seeker's market can be categorized into

• Maufacturers;
• Operators;
• Service providers;
• Owners.