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Aerospace insurance costs continues steady descent

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Reduction in exposure to risks throughout the aerospace sector means insurance costs are falling and further reductions are likely this year, according to Aon's Aerospace Insurance Market Outlook 2010.

The price of insurance for the aerospace industry looks set to continue to decline in 2010, for the fourth year in a row, according to Aon's Aerospace Insurance Markets Outlook 2010 report.

Aon said

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