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How safety data affects airline insurance pricing

How safety data affects airline insurance pricing With premiums rising across the airline insurance market, safety performance will become a key factor to mitigate increasing insurance costs, write John Rooley, CEO, and Simon Knechtli, Managing Director, Global Aerospace, Willis Towers Watson. By any measure, 2020 was a bad year for aviation. IATA calculated airlines’ total losses reached $126 billion, with passenger demand having fallen almost 66% compared with 2019. For the industry’s in...
Simon Knechtli John Rooley Global Aerospace Managing Director Willis Towers Safety Audit
Source: iata.org

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