AXA XL, Allianz face potential claims after Air India crash

Honeywell’s exposure runs through a dedicated aviation products placement rather than its general public/products liability. The company’s current Memorandum of Insurance lists “Aviation Liability Insurance including Aircraft Products and Completed Operations, Grounding Liability,” led by Allianz Global Risks US Insurance Company, policy A1PR000204824AM, in force from 14 November 2024 to 14 November 2025, with a stated “$50,000,000 Combined Single Limit for bodily injury and property damage any one occurrence and in the annual aggregate with respects to Aircraft Products, Completed Operations and Grounding Liability.” It defines the covered subject broadly as “Any article installed or used in connection with an aircraft,” extending to “training aids, instructions, manuals, blueprints, engineering or other data.” In practice, that is the natural home for allegations about cockpit fuel-control components on an in-service jet.