Airline underwriters set for least profitable year since 2000
The last three months have seen the airline insurance market settle into a consistent pattern of around -10% average premium reductions for lead airline hull and liability insurance, according to Aon’s December airline insurance news.
It says that if the level of reduction continues for the remainder of 2007, the lead hull and liability premium total for the year will be around $1.46bn, compared to $1.69bn in 2006 and $2.04bn in
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