Cover Story - Aviation : Aviation market struggling to rebound
Source: Asia Insurance Review | Feb 2010
Despite the slight rate increases that aviation underwriters experienced in the final quarter of 2008, as 2009 began, they could foresee another difficult year ahead. Mr Rupert Hunn, Vice President, Aviation, Guy Carpenter & Co Ltd, looks at the aviation direct and reinsurance insurance industry in 2009, the year when the industry was hit with three very unfortunate and catastrophic aviation accidents.
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