War risks insurers win bid to appeal UK ruling on jets lost in Russia
Published on March 31, 2026.
London's High Court has ruled that AerCap can recover just over $1 billion from its "war risks insurers" from the loss of nearly 150 aircrafts in Russia, although this is less than the $2 billion sought under a broader all-risks clause. The court also allowed Chubb, Fidelis and Lloyd's to challenge the ruling at the Court of Appeal. The lawsuit, which initially focused on nearly 150 jets and some engines, was settled at a total value of $4.7 billion.
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