Is the aviation market about to take-off?
After struggling through their third year of losses, aviation underwriters have high hopes for the future. A hardening market which is currently exceeding expectations is creating an optimistic mood among reinsurers. Eric Alexander reports.
With the end of the year fast approaching, aviation underwriters arealready looking at a tally of losses for 2000 which, when passenger
liability claims are included, will approach $1.5bn (£1.1bn)
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