NU Online News Service, Nov. 10, 3:11 p.m. EST
Insurance broker Willis put its aviation premium reductions well below the industry average, according to a recent report.
In its Airline Insurance Market Overview, the firm says in its large aviation program, the Willis 50 programs, renewals so far in 2011 achieved premium reductions of 7 percent against increases of 7 percent for hull value and liability exposure increase of 13 percent.
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