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Crashed Ethiopian airline may gulp $60m insurance claims

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Insurance

The Insurance firm said this on Tuesday.

The aircraft heading to Nairobi crashed on March 10, after take-off from Addis Ababa, killing all 159 passengers on board including two Nigerians.

WTW is an Irish-domiciled global multinational risk management insurance brokerage and advisory company.

The firm dates back to 1828 and is the third largest insurance broker in the world.

According to a Reuters report, the global insurance brokerage and risk management firm says it is the insurance broker for Ethiopian Airlines.

The Nigerian victims were identified as a popular Nigerian-born Canadian professor and writer, Pius Adesanmi, and Ambassador Abiodun Bashua, a former Joint Special Representative for the African Union-United Nations Hybrid Operation in Darfur, Sudan.

According to an insurer, major insurance covers for aircraft are the hull all risks, passenger and passenger baggage legal liability, third party legal liability, and crew personal accident.

 

Abiodun Oluleye: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

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