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📖 Description
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on September 21, 1992. The length of the article is 942 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Property and casualty reinsurance companies are concerned with the predicted growth of air freight traffic, the ageing of freight transport fleets and the theft and pilferage of freight cargo. Reinsurers anticipate aviation hull market losses to double every 10 years. Hull insurers suffered one of their worst years in 1991, when there were 51 major aircraft claims, including 23 total losses. Demand for international air freight is expected to triple during the next 20 years and air freight companies often purchase antiquated accident-prone passenger airplanes to carry surplus shipments.
Citation Details Title: Aging air fleets worry insurers. (air freight transport fleets) Author: John Jennings Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal) Date: September 21, 1992 Publisher: The National Underwriter Company Issue: n38 Page: p85(2)