Allianz Is Lead Reinsurer of $97.3 Million Plane in Ukraine
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Allianz SE is the lead hull and liability reinsurer on a Malaysia Airlines passenger jet that was shot down over eastern Ukraine.
The aircraft’s value is about $97.3 million, London-based insurance broker Aon Plc, which tracks the market for aviation coverage, said yesterday in a report. Atrium Underwriting Group Ltd. was the leader for war coverage, which could pay claims if the damage is tied to terrorism, Aon said.