Aviainsurance was non-profitable in 2007
Aon Corp’s experts believe that this year the companies, rendered services of insurance to airlines, will suffer losses for the first time since 2000. Agency Bloomberg shows the data of the monthly report of the company and proves that the sum of insurance claims will make not less than $1,53 billion in 2007 in comparison with premiums at the rate of $1,46 billion. Last year insurers have collected premiums for the sum of $1,69 billion, in 2005 – $2,04 billion.
Reduction of premiums is caused, in particular, by falling of the prices because of competition increase. As the head of a department of aerospace insurance Aon marks, the aviation branch is still much safer, than was ten years ago, that has led to essential reduction of premiums in January-September of this year. Aon takes the second place on size in the world among insurance brokers (after Marsh McLennan Cos.), and it is engaged in management of risks and consulting.