Reinsurers remain committed to steady approach in aviation space

U.K.-based Gallagher Re said that for all renewals up to and including October, reinsurers remain committed to a consistent approach in the aviation space and this means an increased base rate similar to those introduced in November 2020, Reinsurance News reported. January renewals was a challenge for both direct insurers and reinsurers, with the two Boeing loss movements.

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