NU Online News Service, Jan. 26, 12:06 p.m. EST

Airline insurance claims dropped 66 percent below 2010's loss numbers, and pricing in the marketplace exhibited stability through the 2011-2012 renewal period, says insurance broker Aon.

In its Airline Insurance Market News report for the 2012 first quarter, the Chicago-based insurance broker says final loss figures for 2011, excluding minor losses, came in at $530 million compared to more than $1.5 billion in 2010.

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