29-03-2022
shutterstock/Sergey Chayko
Insurers will likely suffer nearly $1.5 billion in losses on account of the expropriation of leased aircraft by Russia following sanctions, with Lancashire, Beazley, Hiscox and AXA likely topping the hit list, according to the new low-bid on a market of declining estimates.
Lancashire, Beazley, Hiscox, AXA, Losses, Aviation, Insurance, Reinsurance, James Pearse, David Hampson, Europe
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