Airline insurance sector soars to first profit in five years

Plane flying through turbulence

Profitability returned to the aviation and airline manufacturing insurance markets in 2011 following one of the lowest years for losses and passenger fatalities on record, according to Willis’ Aerospace.

Conditions were most favourable for airline insurance buyers in 2011 with premium levels down 2.4%, compared with 1.3% for aviation manufacturing insurance.

The Willis Aerospace - Aviation Products

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