IranAir crash loss modest for London market
The London aviation insurance market does not have significant exposure to the IranAir passenger jet that crashed yesterday (9 January) with the hull valued at just $2mn, The Insurance Insider can reveal.
The downed jet was a relatively inexpensive Boeing B-727-286. Despite the reported death toll of 77, aviation experts also expect only modest liability exposure.
Amlin leads IranAir's programme, which is brokered by Middle East specialists UIB.
The plane, which was en route from Tehran to Orumiyeh, came down...
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