Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Customer service  |  Subscribe   |   Log in or sign up   |   Advertising information   |   Contact us
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Maureen Bozlinski
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
mbozlinksi@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Insurance payments made for missing 777

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon
Associated Press
Published:
BERLIN — German insurance company Allianz said it has made initial payments in connection with the missing Malaysian Airlines Boeing 777.
Allianz’s global head of communication Hugo Kidston confirmed Wednesday that the Munich-based insurer and “other co-reinsurers of Malaysia Airlines aviation hull and liability policy have made initial payments.”
Kidston said the payments were in line with normal market practice and contractual obligations when an aircraft is reported as missing.
He declined to say how much money the company had paid already and didn’t give any further details on who exactly received the money.
Search crews from 26 countries are looking for the plane that vanished early March 8 with 239 people aboard en route from Kuala Lumpur to Beijing.

MORE HBJ HEADLINES

CALENDAR

Market roundup