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Warning over drone insurance in Brazil

Posted On: Apr. 11, 2016 12:00 AM CST

Drone insurance products are still far from a reality in Brazil, reported BNamericas. Drone insurance can grow in Brazil, "but that won't happen until regulations are put into place," a Chubb Ltd. official said.

"You should be very cautious before jumping into this segment," said an official at XL Catlin. "The only data out there is from the military, which is not useful for commercial drones, which include different models and have different uses," added the official.

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