The airline insurance market will remain soft through the end of this year, a brokerage reported, but increased losses could turn the market in the opposite direction during next year's renewal season, the study said.
Chicago-based Aon earlier this week issued a renewal season special report for November saying that rates fell 8 percent for hull and liability coverage.
However, the level of reduction, the report went on, is less than it was in the first half of the year, possibly a bellwether of a market turn.
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