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Insurers are expected to pay out up to $60 million for the Ethiopian Airlines Enterprise S.C.'s Boeing 737 Max 8 crash on March 11, Punch reported. The airplane crashed on March 10, killing all 157 passengers on board. U.K.-based Willis Towers Watson P.L.C. is Ethiopian Airlines' insurance broker and U.S.-based Chubb Ltd. is the airline's lead insurer.
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