Article ID: f6754e2012816a54ed31e05373207a080011901e67c560dcde26163ef8d8e4c8
Source ID: secondary:businessinsurance.com
Published At: -
Extraction Method: bs4_heuristic
Body Text
War risks insurers win bid to appeal UK ruling on jets lost in Russia - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers War risks insurers win bid to appeal UK ruling on jets lost in Russia Aviation United Kingdom Chubb Ltd. , Lloyd's of London Mar 31, 2026 (Reuters) – Insurers, including Chubb, Fidelis and syndicates at Lloyd’s of London, were granted permission on Tuesday to appeal against a London court ruling in favor of the world’s largest aircraft lessor AerCap over jets stuck in Russia since its war on Ukraine. London’s High Court ruled in June that AerCap can recover just over $1 billion from its “war risks insurers,” though that was less than the roughly $2 billion it sought under a broader all-risks clause. The court ruled broadly in favor of leasing companies in a multi-billion-dollar legal dispute with insurers, following the trial of one of the biggest insurance disputes yet heard in London. But Chubb, Fidelis and Lloyd’s were given permission to challenge the ruling at the Court of Appeal, with the appeal hearing expected to last up to five days. The lawsuit had focused on almost 150 jets and some engines, previously with a total value of up to $4.7 billion, though settlements – including on the first day of the trial in October 2024 – whittled the numbers down. AerCap, Dubai Aerospace Enterprise, known as DAE, Merx Aviation, KDAC Aviation Finance, Falcon and Genesis had led the claims against insurers, including AIG, Lloyd’s, Chubb and Swiss Re. KDAC settled all its claims during the trial, while AerCap, DAE and other lessors have periodically disclosed settlements. Related News North American Risk Services names former Johns Eastern exec comp head March 31, 2026 Wisconsin governor signs comp bill March 31, 2026 Cue the claim form March 31, 2026 Patriot Growth names Galaviz to replace Gardner as CEO March 31, 2026 Middle East conflict to pressure insurers: S&P March 31, 2026 Emirates pays fraction of rivals’ premiums March 31, 2026 Falling pricing signals peak profits for reinsurers: Moody’s March 31, 2026 Toyota recalls over 560,000 SUVs in China March 31, 2026 Generali appoints Rao as India CEO March 31, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
Metadata (JSON)
{
"score": 11.67
}