02-11-2015 13:47 via insuranceinsider.com

Allianz leads all-risk insurance for lost Russian jet

Allianz Global Corporate & Specialty (AGCS) leads the
all-risk reinsurance placement likely to bear the brunt of the loss
from the weekend plane crash in Egypt's Sinai peninsula,
The Insurance Insider understands.
Sources said that the hull value of the Metrojet A321 on flight
KGL9268 was $24mn, with very provisional indications from sources
suggesting that the liability loss to the policy would be less than
$100mn.
Metrojet, part of Kogalymavia Airlines, is insured locally via
Ingosstrakh,
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