Allianz says it's lead insurer for AirAsia plane

AP News
Posted: Dec 29, 2014 5:00 AM

BERLIN (AP) — Allianz says it is the lead insurance firm for the AirAsia jetliner that went missing off Indonesia with 162 people on board.

The Munich-based reinsurance giant said Monday that its subsidiary Allianz Global Corporate & Specialty UK is the lead insurer for AirAsia, including for liability insurance.

Allianz said in a statement that it is too early to comment on the incident itself, but expressed its support for those affected by it.

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An international search is underway to determine the fate of AirAsia Flight 8501, which disappeared from radar Sunday morning over the Java Sea on its way from Surabaya, Indonesia, to Singapore.