Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018
Pegasus Airlines hull claim costs aviation market $48mn
- 7 February 2018
Allianz Global Corporate & Specialty (AGCS) and La Réunion Aérienne (LRA) jointly lead the aviation hull policy for a Boeing 737-800 that skidded off the runway and over a cliff in north-eastern Turkey, The Insurance Insider can reveal.
The aircraft was declared a total loss and the aviation hull policy paid out a total of $48mn, The Insurance Insider understands.
Following markets on the JLT-brokered policy are understood to include Chaucer and Antares.
The $48mn figure includes $4mn-$5mn of total...
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