That came after hiring a group of experienced aviation insurance experts.
In Asia, China's airlines fly relatively few international routes, which limits their exposure to the "war risks" cover which is proving to be the sticking point for aviation insurance.
Including the Thai Airways crash, the world has seen 20 accidents involving the loss of a commercial airliner in 1998, a number similar to that for the previous two years, according to Airclaims, a London-based firm of aviation insurance loss-adjusters.
Last year Berkley opened five new businesses, including one that specializes in aviation liability insurance for small regional airlines.
"The public wants this woman found, " said Ric Gillespie, a former aviation-insurance executive who for 28 years has run a foundation called the International Group for Historic Aircraft Recovery out of his home in Wilmington, Del.
However, recent government reforms to open retail, insurance and aviation sectors to foreign investment as a way of stimulating growth have sparked opposition.
All major unions are protesting against government moves to open retail, insurance and aviation sectors to foreign investment and increase prices of subsidised fuel and cooking gas.
The striking unions, who owe their allegiance to the Communists, the main opposition Bharatiya Janata Party (BJP) and the Congress party, are also protesting against government moves to open insurance and aviation sectors to foreign investment and increase prices of subsidised fuel and cooking gas.
But there are still too many protected sectors, including newsagents, the legal profession, most public services, health insurance, pharmacies and international aviation, where significant barriers to entry remain.
In 1958, China abolished all insurance, except cover for cargo and aviation: anything more was deemed unnecessary.
When the first shock came in June of 1940 the nomination for the presidency of Charles A. Lindbergh, America's international aviation hero, by the Republican Convention at Philadelphia my father was thirty-nine, an insurance agent with a grade school education, earning a little under fifty dollars a week, enough for the basic bills to be paid on time but for little more.
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