30 Aviation The aviation insurance market will likely face another hardening year through 2023 in terms of rates, coverages, and available liability limits. This is largely due to the war in Ukraine as we've extensively written about previously. Also, airline and general aviation claims are continuing to deteriorate carrier pro昀椀tability. Rate trends • Rate increases are averaging 8%–18%. Increases are expected to continue in 2023. Creative risk management approaches and placement strategies can keep your rate increases in check. Considerations/conditions • Single-pilot operation of jets continues to need a detailed strategy to place coverage in the marketplace. • The pilot shortage is getting worse and a昀昀ects every level of aircraft operator, from 昀氀ying pilots to 昀氀ight training instructors. • Carrier appetite for new business is limited and there’s continued underwriting scrutiny that is even a昀昀ecting long-term clients. MMA has ideas on how to make your submission stand apart. Being proactive with your broker and the renewal process remains the best way to Carrier appetite for new business is limited and there’s manage expectations and procure more favorable long-lasting results. – Our strong underwriter relationships are delivering positive results. continued underwriting scrutiny that is even a昀昀ecting – Access to proprietary solutions through MMA can o昀昀er huge competitive long-term clients. MMA has ideas on how to make your advantages in terms of broad coverage and a multi-year rate lock. submission stand apart.