Aviation insurers cleared in $127mn Ukraine seizure claim
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Aviation insurers cleared in $127mn Ukraine seizure claim

A California ruling could set an important precedent as other courts consider similar cases.

By Clark Mindock Fiona Robertson
December 23, 2024
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Grounded Airplane, Covid - 19 Corona Pandemic

A group of aviation insurers has been cleared by a US judge of responsibility for paying claims related to three commercial airliners worth approximately $127mn that have been stuck in Russia since its invasion of Ukraine.

California

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NewsAerospaceInsurersLegalRisk losses
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