Airlines likely will face higher insurance renewals this year compared to 2007, according to Aon Corp.'s "Airline Industry Market Review." The culprit is higher hull and liability claims last year even as premiums were falling. Aon stated that insurers incurred $1.72 billion in claims for hull, liability and estimated "attritional losses" in 2007 while taking in just $1.51 billion in premiums, down 11% compared to 2006 and the lowest figure since 2000. Excluding attritional losses, the total ...

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