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There was recently an NBAA article that was released pointing out the US Aviation Insurance markets have stabilized so far in the first quarter of 2022.

The reason the market has stabilized is because there's new a new insurance company that has entered the market. Applied Underwriters has started writing new aviation insurance business in the US and have experienced underwriters. Many from QBE.

Another reason the market has stabilized is because the existing carriers have increased their appetite and have interest in expanding their premiums, especially for insured with a favorable loss experience and exceptional risks.

Even though the rate environment appears to be stabilizing, underwriting standards remain high across the industry, and underwriters continue to seek rate increases on most renewal accounts.

https://sunsetais.com/airplanes/embraer-phenom/