Claire McDermott
Claire McDermott
Speaker
Partner

Flynn O'Driscoll

Ireland

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Main Stage

The Russia Fallout: How Is the Insurance Market Changing For Aviation?

Claire McDermott
Partner,
Flynn O'Driscoll
Margeurite Lavin
Associate,
Willis Towers Watson
Moderator
Andrea Wilson
CEO,
Wilson Consulting

With $2.6 billion in claims tied to stranded aircraft under scrutiny in the UK courts and a wave of confidential settlements well underway in Ireland, the aviation finance market is bracing for a shift in how insurers—and reinsurers—approach risk coverage, pricing, and exposure in high-stakes geopolitical scenarios.

  • How could recent settlements reshape aviation war risk and all-risk policy coverage?
  • Events that may impact pricing: reinsurer renewals, possible additional judgements or settlements in the litigation, recent airline crashes etc; will the Russia fallout drive further hardening?
  • Implications for pricing, exclusions, and insurer appetite going forward
  • Lessons for lessors and airlines on mitigating future geopolitical exposure