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21 May 2012

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Chartis leads Venezuelan plane cover

14 September 2010

Chartis leads the cover for the ATR-42 turboprop that crashed in Venezuela yesterday, with cover placed by JLT, The Insurance Insider understands.

The crash happened at 10:00 local time on 13 September shortly after the plane left Manuel Carlos Piar airport. Officials said 15 people were killed with 36 survivors.

The ATR-42 turboprop belongs to the state airline Conviasa, and has a hull value of $9.9mn.

Potential claims from the disaster could be complicated by its location. According to the...


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