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2. Aviation insurance - Wikipedia

   en.wikipedia.org/wiki/Aviation_insurance

   Aviation insurance provides coverage for hull losses as well as liability for passenger injuries, environmental and third-party damage caused by aircraft accidents. Aviation insurance is insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. Aviation insurance policies are distinctly different ...

3. Hull loss - Wikipedia

   en.wikipedia.org/wiki/Hull_loss

   Constructive hull loss takes into account other incidental expenses beyond repair, such as salvage, logistical costs of repairing non-airworthy aircraft within the confines of the incident site, and recertifying the aircraft. Airlines typically have insurance to cover hull loss. Their policies—like many covering assets that are subject to ...

4. Total loss - Wikipedia

   en.wikipedia.org/wiki/Total_loss

   In marine insurance, conventional marine insurers such as Lloyds will issue policies covering hull & machinery, or cargo, whereas P&I clubs cover third-party risks (such as a carrier's damage to cargo), pollution risks, and war risks. The term "total loss" can refer to any of these risks, but commonly involves a loss of the hull or cargo.

5. Global Aerospace Offers Valuable Insights on Rising Aircraft ...

   lite.aol.com/tech/story/0022/20240925/9236600.htm

   This article explores the various reasons for rising aircraft repair costs and overall aviation insurance claims inflation. New Aircraft Construction Materials: A Double-Edged Sword. Innovation and Increased Complexity. A factor leading to higher repair and replacement costs is that aircraft values are increasing due to technological advances ...

6. Protection and indemnity insurance - Wikipedia

   en.wikipedia.org/wiki/Protection_and_indemnity...

   Protection and indemnity insurance, more commonly known as P&I insurance, is a form of mutual maritime insurance provided by a P&I club. [1] Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P&I club provides cover for open-ended risks that traditional insurers are reluctant to insure.

7. Multibillion-euro court battle over stranded Russian jets ...

   www.aol.com/news/multibillion-euro-court-battle...

   Some of the world's largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday at the start of a months-long battle over around 2.5 billion euros ($2.7 billion) of ...