Families of some Chinese passengers on missing plane receive insurance payouts


  • World
  • Thursday, 27 Mar 2014

A relative (C) of a passenger aboard Malaysia Airlines MH370 reacts as she enters a meeting room with volunteers from Malaysia (in blue vests) at the Lido Hotel in Beijing March 27, 2014. Severe weather on Thursday halted an air and sea search for the Malaysia Airlines passenger jet presumed crashed in the southern Indian Ocean, frustrating hopes of finding what new satellite images showed could be a large debris field. REUTERS/Kim Kyung-Hoon (CHINA - Tags: TRANSPORT DISASTER)

BEIJING (Reuters) - Chinese insurance companies have started paying compensation to the families of passengers aboard a missing Malaysia Airlines plane presumed crashed in the southern Indian Ocean, state news agency Xinhua said on Thursday.

The families of seven passengers received 4.17 million yuan (£405,154) in compensation on Tuesday, China Life, the country's largest insurance company, was quoted by Xinhua as saying. China Life said it had 32 clients on board the flight and estimated its total compensation at around 9 million yuan.

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