Aviation market resolve tested at renewals in wake of $1bn+ airline losses
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Aviation market resolve tested at renewals in wake of $1bn+ airline losses

Several airlines priced down around time of the Jeju and American Airlines aviation crashes.

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Airlines including Condor, Air Premia and AlMasria have achieved double-digit rate reductions at their all-risks and hull war renewals despite the market facing liability losses of over $1bn from recent aviation disasters, Insurance Insider understands.

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