In a recent Risk & Insurance article, Ernest DeSpain, SVP, Aviation, Sompo U.S. Insurance, shares his perspective on post-pandemic aviation risks. “The pandemic may not yet be fully behind us, but the aviation industry is getting closer to pre-pandemic rates with every month that passes,” he wrote.
Even as things start to look a bit more normal, the aviation industry realistically faces several years of challenges before it would completely cycle out of this pandemic period. But as consumer confidence grows and people begin traveling more, there are several unique risk management challenges that may arise that aviation underwriters are watching closely.
Read the full Risk & Insurance article
About Sompo
Sompo Holdings Ltd. is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda. Through its operating subsidiaries, Sompo writes agriculture, professional lines, property, marine, energy, casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance. Sompo companies are wholly owned subsidiaries of Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. We maintain excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor’s on our principal operating subsidiaries. Sompo’s headquarters are located at Waterloo House, 100 Pitts Bay Road, Pembroke HM 08, Bermuda and its mailing address is Sompo, Suite No. 784, No. 48 Par-la-Ville Road, Hamilton HM 11, Bermuda.
For more information about Sompo, please visit www.sompo-intl.com.