NU Online News Service, Dec. 19, 12:12 p.m. EST
The airline-insurance industry should be profitable this year if there are no major losses. Additionally, soft-market pricing and ample capacity should continue into 2012, according to Aon Risk Solutions.
Aon's report, released Friday, follows a Willis report released late last week on the airline-insurance market that said the high number of renewals in the fourth quarter is putting a strain on brokers' abilities to represent all risks effectively.
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