Aviation: Turbulence ahead
The series of air disasters in 2009 were a human tragedy, yet made for only an average loss year for reinsurers. The market should be prepared for tougher times though, argues Eric Alexander
Aviation insurers and reinsurers lived through interesting times in 2009 as losses in the airline book climbed to around $2.3bn by the year end according to Magnus Allan, an analyst in Aon's aviation
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