RK 303, as one who has owned and run my own aviation companies, all of which were very successful ,I doubt that the reasons for the "bean counters" logic is beyond me, however, the insurance industry is starting to have grave concerns about the recent spate of hull loses, this may be the factor which plays a major role in the MPL coming to Canada in the future. Having said this, some of the carriers simply don't insure their hulls having so much cash {Petro dollars} that the self insure. As an end note I have a filthy rich elder brother, the BOD of one of his companies have published a list of airlines he is forbidden to fly on should the corporate jet {a Global} go U/S, I would love to get my hands on the list, but cant.