Lufthansa's insurers put aside $300 million for Germanwings crash

March 31, 2015 8:34 PM

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Lufthansa's insurers are putting aside $300 million to cover the costs of last week's fatal Germanwings plane crash, the company said Tuesday.

Its main insurer, Allianz (AZSEY), together with co-insurers, will be responsible for a variety of payments including the costs associated with the recovery and compensation for victims' families.

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