Shutterstock_1101168881
21 December 2023Insurance

Aircraft lessor DAE strikes latest deal for lost Aeroflot planes

Aircraft lessor DAE became the market’s third major player to receive a cash insurance settlement for aircraft previously on lease to Russian airline Aeroflot and lost after the Russian invasion of Ukraine, pocketing some $118 million for claims under Aeroflot’s insurance and reinsurance policies on seven aircraft and associated engines.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
16 June 2026   If the UK gets its planned regulatory regime right, companies could re-domicile their captives.
Insurance
16 June 2026   Risk managers need to look beyond annual renewals and focus on how climate exposures could evolve over the next decade.
Insurance
16 June 2026   Insurers that bridge the gap between underwriting and claims, can gain a competitive advantage.