Aviation rates and premiums fall as exposure increases: JLT

Aviation underwriters continued to experience sustained pressure
from falling premium levels and increased exposure in the first
quarter of 2016, according to JLT.
In the broker's Q1 aviation market update Plane Talking, JLT
said there was no indication the aviation sector would change
direction this year, as persistent problems surrounding abundant
capacity and increased competition continued to pressure bottom
lines.
Combined hull and liability rates were down by approximately 13
percent in Q1