Brokers say that pricing conditions in the General Aviation market, which covers everything from propeller-driven planes to corporate fleets, range from flat to some buyers seeing some rate reductions.
Jeff Bauer, president of Chicago-based NationAir Aviation Insurance, a brokerage that specializes in Aviation insurance, says capacity remains ample.
Where there is some price sensitivity, however, is in coverage for helicopters, where rates are firmer and capacity is less than for other corporate-fleet insurance.
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