Allianz estimated that the insurer would
have to pay about $300 million for the crash of Germanwings. Allianz is the lead
insurer for Germanwings and has a legal obligation to estimate the cost.
According to Reuters, the initial estimate
represents about 20 percent of the $1.5 billion in premiums in the global
market for airline insurance. The estimate includes the loss of the aircraft,
which is seen at about $6.5 million, the recovery efforts, legal fees and
indemnification of the passengers' families.
It tells how huge the amount is. I wonder how
the company pursues the liability of the dead co-pilot who caused this crash.
In Japan, a employer (company) is responsible for the damage caused by an employee
and can pursues the liability to the employee to the reasonable extent.
Though I don’t know till what extent is “reasonable
extent”, the left family of the co-pilot has to wave inheritance otherwise they
will definitely be bankrupt.
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