Aviation market braced for $130mn Japan Airlines loss
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Aviation market braced for $130mn Japan Airlines loss

Aisling Finn
02 January 2024
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aircraft, aero, plane.jpg

AIG leads the aviation all-risks coverage for the destroyed Japan Airlines flight 516, this publication understands.

The loss is expected to be around $130mn, which includes a hull value of $117mn and $13mn total loss only (TLO) coverage.

WTW

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NewsAerospaceMajor lossesWTWAIGMarsh McLennan
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