The commercial aviation insurance line is unlikely to end 2007 in the black, making it the first unprofitable season in seven years as claims exceed premium by $70 million, according to an insurance broker’s report.

Chicago-based Aon said in its December “Airline Insurance Market News” that premium totals for 2007 are expected to come in at around $1.46 billion, well below premium totals of $1.69 billion in 2006 and $2.04 billion in 2005.

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