High Court ruling on Russia / Ukraine aircraft test case has credit implications for re/insurers: Morningstar DBRS
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High Court ruling on Russia / Ukraine aircraft test case has credit implications for re/insurers: Morningstar DBRS
Last week, the High Court of Justice in London ruled in favour of aircraft lessors for the 2021 and 2022 underwriting years, a key development in the ongoing Russia-Ukraine aviation litigation, and one which analysts at Morningstar DBRS warn has potential credit implications for insurers and reinsurers. We reported last week that the UK High Court ruled in favour of aircraft lessors under war risk insurance policies for aircraft and engines stra…
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