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Technical report: Aviation - Flying high.
(From Reinsurance)
This September will mark the fifth anniversary of the events of 11 September 2001. Take a moment to think about that: it has been five years since the day that scorched its way across the minds - and balance sheets - of the (re)insurance industry.
The aviation market could be forgiven for wanting to forget that day, along with the days after it where it came very close to hitting a fiscal wall and dying. Flights were grounded as aviation insurance became horribly difficult to find in the wake of the hijackings, and security concerns became fixed in people's minds.
Last-minute TRIA
Five years later, many of the ...
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