Insurance company expected to pay more than 23 billion VND for the capsized ship Vinh Xanh 58

Latest information from the Department of Insurance Management and Supervision (Ministry of Finance) said that as of July 30, the total amount of compensation and insurance payments is expected to be 23.4 billion VND.

Based on the reports of insurance companies on the situation of damage, compensation and insurance payments for the capsized tourist service ship Blue Bay 58, a representative of the Department of Insurance Management and Supervision ( Ministry of Finance ) said that as of July 30, the total amount of compensation and insurance payments is expected to be 23.4 billion VND.

Green Bay 58 ship, code QN 48-7105.

Of which, the total expected non-life insurance compensation is VND3.3 billion, including VND1.2 billion from the shipowner's civil liability insurance for passengers and crew accident insurance (Bao Long); VND1.1 billion from passenger accident insurance co-insured by Bao Viet with PTI, MIC and BSH; VND1 billion from credit insurance (AAA).

For the life insurance sector, the total expected insurance payment is 20.1 billion VND, of which Manulife and Generali are expected to pay the largest amount, 7.62 billion VND and 6.25 billion VND respectively; Bao Viet 1.2 billion VND; Dai-ichi 0.72 billion VND; Prudential 0.23 billion VND; AIA 4.04 billion VND and Shinhan 0.08 billion VND.

After the incident, according to the Ministry of Finance, insurance companies proactively contacted the families of the victims to proceed with compensation and insurance payments. The Department of Insurance Management and Supervision is actively monitoring, urging, supporting and guiding insurance companies in the process of advance payment, compensation..., ensuring that compensation is quick, complete and timely.

Previously, on July 19, in the Ti Top island area, Quang Ninh province, the tourist service ship Green Bay 58 (QN 7105) capsized, causing damage to people and property, killing 39 people and 10 people were fortunately rescued.

According to VNA

Source: https://baobacninhtv.vn/doanh-nghiep-bao-hiem-du-kien-chi-tra-hon-23-ty-dong-vu-lat-tau-vinh-xanh-58-postid423220.bbg