Flight MH370 loss could impact war risk rates
If Malaysia Airlines' Flight MH370 is classified as a war loss, it would be one of the largest since the 2001 attacks on the World Trade Centre and would likely lead to rate to rate increases in war policies, according to S&P.
In the past few years, prices have significantly declined in the market for "all risk" aviation policies, due to strong growth in capacity in this historically profitable line of business. At the same
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