Aviation market showing pricing discipline: JLT

Aviation underwriters are maintaining their position and pricing
discipline for the first time in many years, JLT Specialty has
claimed.
In its Q1 Plane Talking report, the broker said in general
aviation rates were holding flat, and underwriters were, at the
moment, continuing to prioritise profitability above volume or
market share.
"Underwriters now seem committed to preventing a further
decline in aviation insurance rates, working to stabilise them at a
level they believe is more sustainable