Insight and Intelligence on the London & International Insurance Markets 18 Mar 2018
AGCS leads $44mn Mexican helicopter claim
- 26 February 2018
Allianz Global Corporate & Specialty (AGCS) is the lead insurer on a Mexican helicopter loss that is set to cost the aviation market up to $44mn, The Insurance Insider can reveal.
The claim has not yet been settled but carriers are expecting to pay out a figure in the region of $24mn for the aircraft's hull and a maximum of $20mn for liabilities arising from the 16 February crash.
The loss is known in the market as Sedena, after the...
- If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
- Login Free trial