Losses from Boeing 737 Max operated by Ethiopian Airlines which crashed shortly after take-off from Addis Ababa on Sunday has been speculated to be in the region of $50m to $60m, according to a report
byThe airline, which was heading to Nairobi, killed all 157 passengers on board including two Nigerians.
Global insurance brokerage and risk management firm, Willis Towers Watson, has announced it is the insurance broker for Ethiopian Airlines, according to aThe WTW spokeswoman added that Chubb was the lead underwriter for the Ethiopian Airlines account.
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