Insider View: Aviation rates

The aviation market could finally, mercifully be drawing towards
the end of its soft cycle.
That appears to be the common sentiment among underwriters in
the market who see light at the end of the tunnel after years of
falling rates and overcapacity.
But does this growing sense of optimism for rate rises next year
square up with the harsh realities of the market?
One broking source quipped they had lost a bet with a colleague
that the market would...