News Asia08 Jul 2013

Global:Crashed passenger jet has total insurance cover of US$2.3 bln

08 Jul 2013

The combined insurance coverage on the Boeing 777 aircraft owned by Asiana Airlines that crashed in San Francisco last Saturday stands at US$2.3 billion, says the Financial Supervisory Service. Ten Korean insurers share about 4% of insurance coverage for the plane, with the remaining undertaken by some 30 foreign reinsurers, sources say.

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