(Adds confirmation from company)
BEIJING, March 27 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
($671,600) 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.
"China Life is deeply grieved at the news and will ensure
compensation and all other related services are fully
implemented," Xinhua quoted an unnamed company spokesman as
New China Life Insurance Co. Ltd. will
compensate the families of nine clients on board the flight with
about 1 million yuan, Zhang Hongxia, a public relations official
from the firm, told Reuters by telephone.
Shanghai-based China Pacific Insurance Co., Ltd.
said it had offered its first compensation payment of 525,000
yuan ($84,500) as of Wednesday, Xinhua said.
Sunshine Insurance will compensate 500,000 yuan to one of
its clients and his family, a woman surnamed Zhang from the firm
China Life and China Pacific Insurance could not be reached
Malaysia Airlines Flight MH370 is thought to have crashed on
March 8 with the loss of all 239 people aboard after flying
thousands of miles off course. More than 150 of the passengers
($1 = 6.2 yuan)
(Reporting by Sui-Lee Wee, Additional reporting by Beijing
Newsroom; Editing by Nick Macfie)