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Europe Daily Bulletin No. 11302

25 April 2015
Contents Publication in full By article 32 / 34
BUSINESS NEWS NO 143 / (ae) aviation insurance

Losses pile up in January and February 2015. Experts estimate that the aviation insurance market made losses of $132 million in the first two months of 2015, which is less than the average for the last five years. But on top of that, Germanwings' insurers have set aside provisions of $300 million following the Airbus crash on 24 March this year. Last year saw a number of major air crashes and ended with losses totalling $ 1.67 billion. The small insurance against the risk of war market made...

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BUSINESS NEWS NO 143