Airline War Risk Insurance Premiums To Sky Rocket
Airlines face a tripling of war-risk insurance premiums after recent events, including the shooting down of MH17 in Ukraine.
The loss of two Malaysia Airlines Boeing 777s in two separate incidents this year is part of a trend that is expected to see both war risk and hull loss insurance premiums increase when policies are renewed later this year. Photo: Flickr: <a href="http://creativecommons.org/licenses/by-sa/2.0/" target="_blank">Creative Commons (BY-SA)</a> by <a href="http://flickr.com/people/aero_icarus" target="_blank">Aero Icarus</a>
The loss of two Malaysia Airlines Boeing 777s in two separate incidents this year is part of a trend that is expected to see both war risk and hull loss insurance premiums increase when policies are renewed later this year. Photo: Flickr: Creative Commons (BY-SA) by Aero Icarus