Air France crash to cost Munich Re ‘mid-double digit’ millions
Hannover Re expects net damage claims of €25m from the June Air France crash, Reuters reports.
A spokeswoman said the estimate was preliminary. Investigators have not yet found flight recorders.
Flight AF 447 from Rio de Janeiro to Paris crashed into the Atlantic after flying into stormy weather. Brazilian and French ships are still searching the ocean for debris and bodies.
Munich Re said that its estimate of the net damage claims it faces from the crash remain in the mid-double-digit million dollar range.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
