In the grip of a peril - insights into AerCap v AIG and the local implications of this landmark decision
About the Programme
The Insurance Law Association of Singapore is pleased to present a webinar exploring the recent landmark decision of AerCap v AIG (Russian Aircraft Lessor Policy Claims [2025] EWHC 1430 (comm)) and its implications for the Singapore insurance market.
The case arose from the Russian invasion of Ukraine in February 2022, which left Western aircraft lessors unable to recover hundreds of aircraft and engines which had been leased to Russian airlines. The lessors claimed on certain insurance policies, but the scope of policy cover was fiercely contested.
In reaching its decision on policy coverage the High Court of England & Wales considered issues such as what principles of construction should be employed by the court when interpreting the policies, the meaning of “loss” and the application of the “grip of peril” doctrine, and the meaning of “proximate cause”. The court also considered whether certain US and EU sanctions prevented insurers from making payment.
We are privileged to invite an exceptional group of speakers to tell you more about this important case. Rebecca Sabben-Clare KC and Ben Lynch KC, who both acted in the cases, will provide valuable insights into the decision and Alvin Ee will provide his comments on how the case will impact the Singapore market.