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Insurers face substantial losses from planes grounded in Russia, may lead to hardening of premiums: Fitch Ratings

Insurers face substantial losses from planes grounded in Russia, may lead to hardening of premiums: Fitch Ratings

by AIP Online Bureau | Mar 22, 2022 | International News, Non-Life, Reinsurance

Multi-billion-dollar aviation insurance claims could have significant knock-on effects on the aviation insurance market. “We would expect insurers and reinsurers to respond by increasing premiums, incorporating more exclusion clauses in their contracts, and...

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