Malaysia Airlines pays 250% rate hike

The cost of Malaysia Airlines' all-risk insurance policy has
trebled after the carrier handed losses of up to $780mn to aviation
insurers this year, The Insurance Insider
can reveal.
Multiple sources said that the premium will rise from $12mn to
$36mn, with the cash premiums rising by 100 percent to $24mn and
carriers that remain on the programme set to receive another $12mn
by way of a loss additional premium.
It is understood that the exposure in the programme has...