AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Aviation insurers face sharp nosedive in premium income.
(From Lloyds List)
Byline: Denzil Stuart
DESPITE a very favourable year in 2002, the aviation insurance market could face a sharp drop in premium income this year as major airlines struggle to survive. Passenger loads are well down on virtually every route flown by every airline.
Even before the Iraqi war, airlines, particularly transatlantic carriers, were trying to restore passenger confidence after the events of September 11, with business class revenue taking the biggest hammering. Now the Iraqi conflict has caused further loss of confidence and smothered any hope of recovery in the near future.
Airlines around the world are cutting routes and capacity, and the number of jets being mothballed and parked in deserts in the US and elsewhere is climbing ...
- Aviation Losses Still Soaring Past Premiums.(aviation insurance losses)(Brief...
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management HOWARD, LISA S. April 2, 2001 700+ words
...released by the Aviation Insurance Offices...Westminster Aviation Insurance Group in...billion of premium income a year in...billion of premium income." However...between British Aviation Insurance Group and...
- Aviation insurance to hit airlines in the pockets
- News wire article from: The Hindustan Times September 6, 2009 700+ words
...domestic aviation insurance premium rates...the global aviation insurance market this...against a premium income of $416...percent with a premium income of Rs.55...Meanwhile, the aviation insurance segment in...
- Ten British firms form aviation co. (British Aviation Insurance Group Ltd.)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management December 10, 1990 700+ words
...company - British Aviation Insurance Group Ltd. - to...behalf. British Aviation Insurance Group will play...EC3. "British Aviation Insurance Group has been created...BAIG has projected premium income in excess of $220...
- $300m Hole in Aviation Insurance Cover - Industry Experts Warn Premiums Will...
- Press release article from: Business Wire January 16, 2008 700+ words
...but cost of claims leaps to outstrip premium income by 20% LONDON -- Aviation insurers...actually fell by 10%. As a result premium income for airline hull and legal liability...300m less than the claims. Aviation premium income has fallen by more than half since...
- Cholamandalam aims Rs 900cr first premium income in FY'08-09.
- News wire article from: PTI - The Press Trust of India Ltd. December 13, 2007 700+ words
...aims Rs 900cr first premium income in FY'08-09 Coimbatore...to collect first premium income to the tune of Rs...company expects to earn premium income of Rs 200 crore from...about entering into aviation insurance, he said, private...
- Oriental Insurance targets Rs 3,500 cr premium income.
- News wire article from: PTI - The Press Trust of India Ltd. November 12, 2005 700+ words
...targets Rs 3,500 cr premium income Kolkata, Nov 12...targeting to earn a premium income of Rs 3,500 crore...company earned a premium income of Rs 3,000 crore...recently started aviation insurance and energy insurance...
- Introduction to Aviation Insurance and Risk Management.
- Magazine article from: Journal of Risk and Insurance Hardigree, Don March 1, 1994 700+ words
...and insurance. Their book furnishes a brief history of aviation insurance, the basics of aviation insurance and risk management, and the application of the specific aviation insurance forms and coverages, as well as other insurance coverages...
- Introduction to Aviation Insurance and Risk Management. (Book Reviews).
- Magazine article from: Journal of Risk and Insurance Nunez, Louis E. September 1, 2001 700+ words
Introduction to Aviation Insurance and Risk Management, by Alexander...source of material for the Certified Aviation Insurance Professional (CAIP) designation issued by the Aviation Insurance Association (AIA). The book's...