3rd ALIAS Conference Presentation 5-6 October 2015

2. Insurance perspective
on automation and
innovation in aviation

3. Agenda
• Aviation insurance exposures
• Recent Aviation Accidents
• Conclusions

4. Aviation insurance exposures

5. Automation is improving flight safety
0.00%
0.05%
0.10%
0.15%
0.20%
0.25%
0.30%
0.35%
0.40%
0.45%
0.50%
TotalLossFactor
UWY
TL factor 7Y moving average TL factor

6. Rate development
0,00
0,02
0,04
0,06
0,08
0,10
0,12
0,14
0,16
0,18
0,20
00 01 02 03 04 05 06 07 08 09 10 11 12 13 14
Underwriting Year
% FLV
0,00
0,10
0,20
0,30
0,40
0,50
0,60
0,70
0,80
USD / 1000 RPK
Hull Liability

7. San Francisco July 6, 2013
“The pilot must always be the boss”
Christopher Hart NTSB”

8. Bedford, Massachusetts – May 31, 2014

9. Java Sea – December 28, 2014

10. Conclusions
• Automation and innovation improves safety
• Training is an issue!
• Future aircraft accident litigations may be even
more complex than today
• Shift of liability from operators to manufacturers?