Kazakhstan Insurance Firm To Compensate $38 Million For Boeing 747 Crash Near Bishkek
Kazakhstan insurance company Eurasia is ready to compensate $38 million for the damages caused by the Boeing 747 plane crash near Bishkek on January 16, reports the company.
The cargo plane risks were reinsured by the Eurasia insurance company, which was notified about the insurance event.
The reinsurance contract envisages the insurance of the aircraft, legal liability of the owners of the aircraft, and liability for third parties,” the statement said.
According to the preliminary calculations, the total sum of compensation is $38 million. However, the civil legal liability compensation might increase multiple times as the investigation of causes and aftermath of the catastrophe is not done yet. The Interstate Aviation Commission has not rendered the verdict yet, the statement said.
Turkish air company ACT Airlines’ (MyCargo) Boeing 747 cargo plane crashed into village near Manas airport on January 16 killing 39, including all 4 crew members. Nearly 30 other people were injured and 26 homes were destroyed.