Swiss Re is among a growing list of reinsurers to drop its demand that a near $10 billion battle with aircraft leasing companies, seeking payouts for more than 200 jets stuck in Russia, should be heard in Moscow, court filings show.
Swiss Re’s decision to accept the jurisdiction of English courts follows a similar decision by peer Chubb late last year as a battle against lessors, including Ireland’s AerCap, U.S.-listed Carlyl