JLT confirms aviation hull war cancellations and rewrites

A number of hull war policies written in the immediate aftermath of
2014's major aviation losses are being cancelled and
renegotiated, with underwriters reducing the initial price rises.
Major aviation broker JLT has confirmed in its Plane Talking
report that these decisions had been taken "in view of the
significant difference in market conditions" over the
autumn.
At the beginning of the month, The Insurance
Insider revealed a capitulation in the embattled hull
war market, where