Question

What is the problem of accumulation of risk in aviation insurance?

a.

The risk of collision between two or more aircraft.

b.

Untried components or manufacturing processes in new aircraft.

c.

Insurance policies for airline hull and liability and aviation products liability.

d.

All of the above.

Posted under IC85 Reinsurance Management

Answer: (d).All of the above. Explanation:Accumulation of risk is a very real problem for the aviation insurer. This occurs in two ways: the risk of two or more aircraft being at the same place, and accumulations arising from insurance policies particularly those for airline hull and liability and aviation products liability.

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