Insurers rush to site of ship capsized on China's Yangtze


  • World
  • Wednesday, 03 Jun 2015

SHANGHAI (Reuters) - PICC Property and Casualty Co Ltd, the insurer of a ship that capsized in China's Yangtze river on Monday, and other insurers have sent teams to the site to settle claims in connection with what could be the country's worst shipping accident in decades.

Divers searched the capsized Eastern Star on Wednesday for more than 400 missing people, many of them elderly domestic tourists, as the death toll rose overnight to 18, with only 14 people found alive.

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