KM Financial Solutions | Aviation industry expects double-digit insurance premium hikes after 737 MAX grounding
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Aviation industry expects double-digit insurance premium hikes after 737 MAX grounding

Aviation industry expects double-digit insurance premium hikes after 737 MAX grounding

The aviation industry
is bracing for double-digit insurance premium hikes for the
first time in about 15 years, as insurers wrestle with higher
costs from aircraft groundings, including the grounding of
Boeing Co’s 737 MAX jets following two fatal crashes,
insurance executives said this week.

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