Three-tier market continues in aviation renewals
Premium rates are continuing to fall in the aviation market on
average, but airlines affected by major losses or with poor
attritional records are now facing hikes, according to JLT.
In the broker's Plane Talking report for July, JLT
noted that airlines with low limits that posted high fleet or
traffic growth remained capable of achieving large rate
reductions.
At the other end of the scale, increased underwriting scrutiny
punished those with poor loss records, as underwriters focused on
improvi
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