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Aviation insurers face off against aircraft lessors in multibillion-dollar 'mega-trial'

Aviation insurers are facing potential losses that could dwarf those caused by Covid-19 and the September 11, 2001 terror attacks, with some analysts suggesting losses could reach $10bn

Insurers including AIG, Chubb and Lloyd’s are in court over claims brought by some of the world’s largest aviation lessors relating to aircraft stranded in Russia. The stakes are high and the outcome could have seismic implications for the aviation insurance market

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