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Aircraft lessor SMBC proceeds from Russian jet insurance settlements hit $1.4 billion

by AIP Online Bureau | May 22, 2025 | International News, Non-Life, Reinsurance

That brought SMBC’s total recoveries from claims following the sanctions over Moscow’s war in Ukraine to $1.41 billion. It was one of six lessors that ended an Irish lawsuit against their insurers last month following a series of settlements Dublin: Aircraft lessor...
Fast descent warning triggered on Delta jet that went belly-up on landing in Toronto

Fast descent warning triggered on Delta jet that went belly-up on landing in Toronto

by AIP Online Bureau | Mar 22, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

The plane hit the runway at a 50% greater descent velocity than the rate its landing gear was designed to absorb, according to a preliminary report from the TSB, an independent transportation safety agency A safety warning system went off in a Delta Air Lines regional...

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