Rising claims threaten aviation stability: Global Aerospace

The pricing of aviation risk is unsustainable, with a major
catastrophe on top of mounting attritional losses likely to throw
the sector off balance, according to Global Aerospace group CEO
Nick Brown.
Speaking at Mapfre Global Risks' bi-annual international
conference, Brown said that although major aviation losses have
diminished in recent decades as airline safety has improved, small
claims from day-to-day operational risk, including partial hull and
baggage claims, were growing overall.
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