Allianz's claims payout for missing AirAsia plane may reach almost $100 million
Posted On: Dec. 30, 2014 12:00 AM CSTAllianz S.E.'s claims payout for the missing AirAsia Bhd. aircraft could reach almost $100 million, International Business Times reported citing Reuters.
Malaysian Airline System Bhd.'s missing flight MH370 and flight MH17 that was shot down in July, were also reinsured by Allianz. Media reports have said that the insurer is liable to pay $200 million for the loss of these two planes.