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Chartis leads $137mn Asiana cargo crash

10 October 2011

Chartis is the lead market on the Asiana hull cover that is facing a $137mn claim following a crash involving a 747 cargo plane in July, The Insurance Insider can reveal.

Asiana's cover is jointly placed by Willis and Aon, according to sources.

The Boeing 747-48EF, which was just over five years old, came down on 28 July and crashed into the sea off Jeju, South Korea.

The aircraft crashed after a fire broke out in the hold, which contained...


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This article was published as part of issue October 2011/2

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