Aviation war overcapacity driven by ‘hope’ of market turn: Fidelis
Re/insurer’s group CEO describes the aviation market as ’the most challenged we currently underwrite’, while its group managing director says writing sub-classes like AVN52 is what makes the aviation line work for Fidelis
Bermuda-based carrier’s chief executive, Daniel Burrows, says rates must rise significantly for ‘challenged’ class to be a growth area