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Recent Editions

Risk Channel
North America
Insurers have lost a London High Court bid to appeal against a judgment that hands aircraft lessors $1.0bn-plus from their war risks insurance policies to cover the loss of jets stuck in Russia since the invasion of Ukraine. Reuters notes that the lawsuit has become a bellwether for similar cases fought in other jurisdictions, including the United States. Lessors AerCap, Dubai Aerospace Enterprise, Merx Aviation, KDAC Aviation Finance, Falcon and Genesis had led the claims against insurers including AIG, Lloyd's, Chubb, Swiss Re and HDI Global Specialty.
Full Issue
Risk Channel
UK/Europe
The Bank for International Settlements (BIS) has raised concerns about a growing disconnect between soaring global stock prices and increasing worries over government debt levels in bond markets. BIS officials noted that the rising premiums investors demand for long-term government debt reflect "mounting concerns about the fiscal outlook," particularly as countries like the US and France face credit rating downgrades. The BIS cautioned that the current high valuations of risky assets could leave markets vulnerable to stress, especially as the real economy shows signs of cooling.
Full Issue