Published: Wed 14 Feb 2024

DAE secured $118.3mn in cash insurance settlements over 2023

Dubai Aerospace Enterprise received cash insurance settlement proceeds of approximately $118.3bn during the full year ended 31 December 2023 as it continued attempts to recover the value of assets seized in Russia following the invasion of Ukraine.

Insurance

Aviation

Middle East

Published: Wed 14 Feb 2024

Airline all-risks rate softening accelerates as insurers fight to retain business: WTW’s Rooley

Russia-Ukraine lessor disputes overshadow otherwise stable aviation renewals

War risk insurers say lessor losses were a “commercial decision” of Russian airlines

DAE secured $118.3mn in cash insurance settlements over 2023

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