Aviation

Improved airplane safety, COVID and the Ukraine war are among the changes the aviation insurance industry has seen, said Terry Wood, head of AXIS Aviation for AXIS.

This Kroll Bond Rating Agency (KBRA) report is a follow-up to a research publication on KBRA’s general approach to incorporating environmental, social, and governance (ESG) factors in KBRA’s credit rating process across corporate, financial, and government (CFG) ratings, which we describe as ESG Management. While our previous publication provided a broad overview of KBRA’s ESG Management approach (summarized below), this research report focuses on the potential influence of ESG topics on KBRA’s analysis of aviation ratings. It is important to note that this research is not methodology. KBRA’s cross-sector ESG methodology can be found here.