Aviation Loss Incidents Down, But Severity Is Up

NU Online News Service, March 21, 1:30 p.m. EST?Global aviation industry 2004 losses were the fewest in decades, but concerns over the severity of claims for the sector are growing, according to a new study.[@@]

The Aon brokerage's 2004 Airline Insurance Market Review found the average of 22 total losses per year during the 1990s decreased to just 15 in 2004.

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