Air France's insurers will be reviewing the airline's premium payments when its policy comes up for renewal.

An underwriter at St Paul's syndicate 340, Matthew Shaw, said: “Air France insurers will be reviewing the renewal premium on December 1 in view of the fact they have had a substantial loss.

“But, once the aircraft are in service again, they will be covered under Air France's general policy and British Airways (BA) will be covering its fleet under its own general policy.”

BA said its Concorde insurance situation would remain the same as it was before last July's Air France crash.