NU Online News Service, July 26, 2:51 p.m. EDT
The aviation-insurance market is described as stable with renewal pricing indicating no dramatic change in trends, and losses to date are at one of the lowest levels in years, according to two insurance brokers' reports.
Insurance brokers Aon and Willis released their June aviation-market reports saying that while some individual renewals experienced dramatic increases because of loss, average prices saw no dramatic change in rates.
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