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.
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