Lancashire, Beazley, Hiscox & AXA top risk list of $1.5bn aviation losses from Russian aircraft

29-03-2022

Lancashire, Beazley, Hiscox & AXA top risk list of $1.5bn aviation losses from Russian aircraft

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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