NU Online News Service, June 3, 1:58 p.m. EDT
The airline insurance sector continues to be competitive as overall rates show a modest decline, and claims for the first half of the year have been impressively small for this period compared to the average, says a report from Aon.
The Chicago-based insurance broker’s quarterly Airline Insurance Market News for June 1 says premiums rates for overall hull and liability insurance to date declined to negative-1 percent after months of steady overall increases.
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