Aviation rate cuts slowing: JLT

The airline market is showing signs that it is entering a harder
phase after a period of sustained softening, JLT has said in its
latest Plane Talking report.
"From our analysis, it is evident that premium and/or rate
reductions have slowed and in some cases are no longer
obtainable," the broker said.
"The market appears to have stabilised," it noted, and
even airlines with favourable loss ratios are seeing premiums fall
less on renewal then they have over the past...