MOSCOW, September 27 (RAPSI) – The Supreme Court of Russia has dismissed a petition for rehearing of the lower court’s rulings ordering twenty foreign insurers to pay $16 million to Kapital Strakhovaniye company for the Superjet 100 aicraft crash in Indonesia in May 2012, RAPSI learnt in the court on Tuesday.

The court has not found grounds for review of the appealed judicial acts under cassational procedure.

The Commercial Court of the Khanty-Mansi region in April 2015 granted a lawsuit filed by Russia’s Kapital Strakhovaniye against foreign insurance companies. The Eighth Commercial Court of Appeals and the West-Siberian District Federal Commercial Court upheld the ruling in July 2015 and March 2016 respectively.

Twenty-four companies were initially defendants in the case. However, due to partial payment of the debt, the plaintiff withdrew claims against some of them.

Kapital Strakhovaniye initially claimed $32.4 million in damages from the companies that provided insurance for 48 people on board. The sum was reduced to $16 million after partial payments were made.

General Insurance Corporation of India, Assicurazioni Generali S.p.A., UK Branch, Swiss Re Europe S.A., Starr Insurance and Reinsurance Limited (London) are named among defendants in the case. The lawsuit was filed back in June 2013.

The Moscow Commercial Court also heard another plane crash related suit. Sukhoi Company demanded $29.5 million in insurance payouts for the SSJ-100 from Kapital Strakhovaniye. In September 2013, the parties signed an amicable agreement under which the underwriter committed to pay the plaintiff $14.1 million in addition to the previous payments. The insurance company claimed that the insurance agreement on the plane was 95% reinsured in the Western market.