Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

AIG leads coverage of crashed TransAsia plane in Taiwan

Reprints
AIG leads coverage of crashed TransAsia plane in Taiwan

American International Group Inc. leads the insurance coverage for the TransAsia Airways turboprop plane that crashed into a river in Taipei, Taiwan, on Wednesday, killing at least 12 people, sources said.

Jardine Lloyd Thompson Group P.L.C. was the broker for the insurance coverage, JLT said.

''We act on behalf of TransAsia and are providing every assistance as is appropriate in these tragic circumstances,” a JLT spokesman said in an emailed statement.

“Our thoughts are with the family and friends of those on board who lost their lives and for the injured,” it added.

The plane crashed shortly after take off in Taipei en route to the island of Kinmen off China, with 58 people on board.

TransAsia suffered another loss in July when a plane went down in Taiwan while trying to land in typhoon conditions.

Read Next

  • AIG lead insurer of crashed TransAsia aircraft: Aon

    Aon P.L.C. has revealed that American International Group Inc. is the lead insurer of the TransAsia Airways Corp. aircraft that crashed on the Penghu islands off the coast of Taiwan, Bloomberg reported.