Aviation Writers On Shaky Ground?

Some under-reserved aviation insurers might face financial difficulty handling major losses, according to research by Swiss Re, which warns that insurance buyers need to be circumspect about the carrier with which they place their risk.

“Purchasers need to know who they are putting their insurance with. It is important, basically down the line, to make sure that claims are paid when [the airline] needs the money,” said Andres Peter, global head of aviation and space, and managing director for the Zurich, Switzerland-based reinsurer.

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