JLT: Aviation rates fall 19%

The aviation market has seen another round of double-digit rate
declines at the November renewals, with the combined rate for
airline hull and liability insurance down 19 percent.
The aviation industry also suffered 19 percent reductions in the
combined rate during October.
The 19 percent decline in the combined rate compares to 11
percent for the year to date, JLT said in its latest Plane Talking
report.
The fourth quarter is considered the most significant renewal
period in the aviation...