Lead hull and liability insurance buyer friendly says Aon

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By TESTCustomwebLP TESTCustomwebLP October 21, 2010 13:33

Lead hull and liability insurance buyer friendly says Aon

Analysis by insurer Aon has stated that airlines can expect “buyer-friendly renewals” for their lead hull and liability insurance programs in the fourth quarter of 2010. This is good news when half of the world’s fleet, some 70% of lead hull and liability premiums, is expected to renew during the fourth quarter of the year.

Rates for lead aviation hull and liability insurance are increasing however, the rose 7% between January and July of this year. Aon expects rates to tighten on news of any major incidents.

For 2010 so far major aviation losses total $1.37 billion, over $1.61 billion in 2009.

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By TESTCustomwebLP TESTCustomwebLP October 21, 2010 13:33
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