BOC Aviation gets US$208m settlement for jets stranded in RussiaNovember 13 2023 by Mithun Varkey
- March 4
Singapore-based Bob Battoo returns to Charles Taylor as managing director to lead aviation risk and claims team for the insurance and leasing markets; Dennis San Jose joins to launch aviation asset management service in the region.
- January 4
The Japanese airline has estimated a US$104m operating loss following the collision of its flight JL516 with a Japan Coast Guard aircraft at Tokyo’s Haneda Airport and complete loss of one aircraft on January 2.
- January 3
Excess of loss pricing adjustments in Asia reverted to levels reminiscent of the period preceding the market hardening in 2023.
- December 15
Following similar deals in the last two months, Russian insurer NSK will make the payout for one aircraft leased to Aeroflot and the Chinese lessor has agreed to release its claims against all parties.