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AIG and Lloyd's insurers reject case advanced by Aercap in $3.5bn claim

Plane

Insurers have rebuffed claims from aircraft leasing giant Aercap that it is owed either $3.5bn under its all risks policy or $1.2bn under its war risks policy for the dispossession of aircraft by Russian airlines earlier this year.

Aercap launched a lawsuit against its insurers in June relating to 141 aircraft and 29 aircraft engines that were on lease to various Russian airlines just prior to the outbreak of the ongoing

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