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Aviation industry had good 2004 claims Aon

The global aviation industry saw the lowest level of losses in its history in 2004 although concerns in the insurance industry over the severity of claims are growing, according to Aon’s 2004 Airline Insurance Market Review.

According to the review, an average of 22 total losses per year during the 1990s decreased to just 15 in 2004. Though there were fewer losses, the total loss amount of $1bn showed a moderate increase

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