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High Court of England and Wales: War-risk reinsurers contest Chubb contribution claim after AerCap judgment that Russia-stranded aircraft losses fall under capped war-risk, not all-risk, cover

Published on: 17 October 2025

Published by a Law360 reporter
Legal News
Article summary

A cohort of war‑risk reinsurers, advised by Holman Fenwick Willan LLP, contended in their High Court defence on 16 October 2025 that they have no duty to pay any form of contribution indemnity to Chubb, following a landmark decision resolving the fate of aircraft stranded in Russia. Chubb is pursuing the reinsurers for debt said to arise from a June 2025 judgment in a trial addressing liability for aircraft left in Russia after the country invaded Ukraine in 2022. The dispute focused on whether the loss of the aircraft engaged war‑risk insurance policies, which carry payout caps, rather than the broader all‑risks policies. A ruling by High Court Judge Christopher Butcher consequently left Chubb responsible for US$5.7m...

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