Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
Aviation rates make ground at 1.4
- 17 April 2018
Pricing on loss-free airline all-risk accounts showed muted upward movement at the 1 April renewals amid continued overcapacity and an uptick in claims.
Aviation sources speaking to The Insurance Insider described a mixed picture, with some markets achieving rate increases of 5-10 percent on lead terms and following carriers managing to push through more substantial rises that exceeded 20 percent on some accounts.
The majority of sources canvassed by this publication agreed the gap between leaders and followers, which reflects...
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