China’s insurance regulator estimates the payout in the fatal Yangtze cruise ship capsizing last week, which killed more than 400 people, at around 92.5 million yuan ($14.91 million), the official Xinhua news agency reported on Wednesday. The China Insurance Regulatory …
The owner of a ship that capsized on China’s Yangtze River with 456 people aboard has been ordered to suspend operations of a second boat and carry out safety probes on its entire fleet, an official at the Yangtze river …
PICC Property and Casualty Co. Ltd., the insurer of a ship that capsized in China’s Yangtze River on Monday, and other insurers have sent teams to the site to settle claims in connection with what could be the country’s worst …
Rescuers in central China are scrambling to find survivors from a cruise ship carrying more than 400 people that overturned in the Yangtze river Monday night, as confirmation of passenger deaths begin to emerge. Five bodies were found and 12 …
