2013 Business Jet Insurance Survey

Rates, capacity and demand for business jet insurance will either increase or stay the same, according to the first ever business jet insurance survey conducted by Corporate Jet Investor.

We spoke to a number of leading insurance brokers and underwriters to gain their insight into this unique market. See the full results below and make sure you also read Jenny White’s accompanying article.

Rates

Do you expect rates globally to harden or soften in 2013?
Soften: 86%
Harden: 0%
Stay the same: 14%

Do you expect rates in the US to harden or soften in 2013?
Soften: 50%
Harden: 0%
Stay the same: 50%

Do you expect rates in the EMEA to harden or soften in 2013?
Soften: 100%
Harden: 0%
Stay the same: 0%

Do you expect rates in Asia to harden or soften in 2013?
Soften: 100%
Harden: 0%
Stay the same: 0%

Capacity

Will there be more or less capacity globally in 2013?
More: 86%
Less: 0%
Stay the same 14%

Will there be more or less capacity in the US market in 2013?
More: 86%
Less: 0%
Stay the same 14%

Will there be more or less capacity in the EMEA market in 2013?
More: 100%
Less: 0%
Stay the same 0%

Will there be more or less capacity in the Asian market in 2013?
More: 100%
Less: 0%
Stay the same 0%

Demand

Will demand globally increase, decrease or stay the same?
Increase: 43%
Decrease: 0%
Stay the same: 57%

Will demand in the US increase, decrease or stay the same?
Increase: 0%
Decrease: 0%
Stay the same: 100%

Will demand in EMEA increase, decrease or stay the same?
Increase: 66%
Decrease: 0%
Stay the same: 33%

Will demand in Asia increase, decrease or stay the same?
Increase: 100%
Decrease: 0%
Stay the same: 0%