NU Online News Service, Sept. 25, 1:40 p.m. EDT
Airline insurance placements saw their third straight month of premium increase pointing to an increasingly hardening market in that sector, Aon insurance brokerage said.
The Chicago-based firm's aviation and aerospace division released a report saying that, despite variance in a few placements during the month of August, the overall trend for the past three months continued in the upward direction. Over the last three months average lead hull and liability premiums have increased by more than 20 percent, Aon said.
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