Insurance has been an important part of society for millenniums. In the emerging times of insurance it was primarily used by traders who needed a way to protect themselves from various risks, but as society and technology progressed so did insurance as a scientific discipline. From beginning of insurance to this day, insurance has kept risk transferring from individuals to communities as its main goal. The purpose of these transfers is making individuals feel safer, keeping them focused on their goals instead of emerging problems and lessening the impact of losses on the individual. As insurance progressed, the process of insurance became more and more complex and several subjects of insurance emerged as the result. In present times various categorizations and classifications of insurance exist, but most commonly used classification divides insurance into life insurance and general insurance. Aircraft insurance is a subclass of vehicle insurance so it shares certain characteristics with other vehicle insurances but also has characteristics specific only to aircraft insurance. Most of these differences are evident in theory and legislation of aircraft insurance, but there are also examples in practice. An analysis of the Croatian aircraft insurance market is carried out in this paper, showing insurers who offer aircraft insurance and analyzing changes of certain indexes in the mentioned market during the period from 2012. to 2017. The analysis is based on official data provided by HANFA and is used to connect theory and practice by observing relevant indexes through the researched period.