Aircraft collisions and crashes account for more than half the value of all aviation-related insurance claims (57%), equivalent to $9.3 billion, and more than a quarter of claims by number (27%), major insurance provider Allianz Global Corporate and Specialty and Embry-Riddle Aeronautical University said in a new report. “Although the improvement in the aviation sector’s safety record—particularly with regards to the number of fatal accidents—cannot be questioned, it ...

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