10 Best Aircraft Insurance Companies To Safeguard Air Transportations

Commercial airlines, private jet owners and cargo carriers all need protection against the financial cost of accidents and incidents. Aviation insurers cover the aircraft, the passengers and the liabilities around them. These are 10 of the leading aircraft insurance companies.

How we chose: We looked at each company's own website, its fleet or services, where it operates, and its record in our directory of 16,500+ aviation companies, online since 2012. Companies cannot pay to be on this list or for their position. Featured companies on our directory are always labelled.

10 Best Aircraft Insurance Companies

#1 AIG Aviation: AIG Aviation is a global aviation insurer with decades in the market. It writes cover for airlines, manufacturers and operators, including hull, liability and war risks.

It draws on a large international network to offer risk management services and responsive claims handling.

#2 Global Aerospace: Global Aerospace underwrites aviation insurance for aircraft owners, operators and maintenance facilities. Its focus is risk management and loss prevention, aimed at reducing aviation liabilities before a claim happens.

Clients get coverage built around their operation, along with proactive risk assessment and dedicated customer service.

#3 Allianz Global Corporate & Specialty (AGCS): Allianz Global Corporate & Specialty is a major aviation insurer with a global presence and large underwriting capacity. It covers aircraft hull and liability, airport liability and aerospace reinsurance.

AGCS pairs this cover with risk management services that help clients handle complex aviation exposures and keep operating after unexpected events.

#4 Munich Re: Munich Re specialises in aviation reinsurance, giving financial protection to insurers and reinsurers worldwide. It builds reinsurance products around the industry's changing risks, which helps keep the wider aviation insurance market stable.

Through partnerships with primary insurers, Munich Re supports broader coverage and long-term risk management across the sector.

#5 Chubb Aviation: Chubb Aviation has a strong position in the aviation insurance market, offering customised policies for aircraft owners, operators and manufacturers. Chubb Aviation focuses on customer service and risk management, with responsive claims handling and loss-mitigation strategies that help clients keep operating.

Its mix of flexible coverage and client support has earned it a worldwide customer base.

#6 XL Catlin: XL Catlin provides aviation insurance and reinsurance for airlines, aircraft lessors and aviation service providers. Its global underwriting network designs cover around the specific needs of each part of the industry.

Clients get broad coverage options, proactive risk management and responsive claims handling.

#7 Old Republic Aerospace: Old Republic Aerospace specialises in general aviation, insuring private aircraft, flight schools and aerial applicators. It is known for disciplined underwriting and customer service, and supports clients across these sectors with coverage and risk management.

Its long-standing reputation is built on policies matched to each client, proactive risk assessment and responsive claims handling.

#8 Brit Aviation: Brit Aviation provides aviation insurance and reinsurance with flexible cover for airlines, aircraft owners and aviation businesses. Its focus is underwriting expertise and strong claims service.

Clients get a range of coverage options and direct customer support to protect their assets.

#9 Aviation Insurance Agency: Aviation Insurance Agency serves pilots, aircraft owners and aviation businesses with personal service and competitive cover. Its team of aviation insurance specialists helps each client match coverage to their own risks and exposures.

The agency also offers risk management advice and responsive claims handling.

#10 Starr Aviation: Starr Aviation provides specialist insurance for aircraft, airports and aviation-related liabilities. It focuses on innovation and risk management, helping clients meet both their safety and financial goals.

Its offer includes broad coverage options, proactive risk assessment and responsive claims handling.

Also Read: Current MRO Status In The Aviation Industry

Choosing an Insurer

The right insurer depends on what you fly. Airlines, manufacturers and lessors are the core clients of AIG Aviation, XL Catlin and Brit Aviation. Munich Re works one step back, reinsuring the insurers themselves. Private owners, flight schools and aerial applicators are better served by general aviation specialists like Old Republic Aerospace or an agency such as Aviation Insurance Agency.