NU Online News Service, Aug. 10, 3:45 p.m. EDT

A series of recent losses for the airline industry may mean the aviation insurance line will be hard pressed to see a profit in 2010 should the loss trajectory continue, according to a report from Aon Corp.

In the Chicago-based insurance broker’s “Airline Insurance Market News” for August 2010, Aon Analytics said the 5 percent average rate increase on lead hull and liability premium that insurers obtained for July renewals made the airline insurance market appear calmer than it is.

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