Everything you need to know about MU5735 crash compensation

Chinese insurers are stepping up efforts to offer quick support following the crash last Monday of a China Eastern Airlines plane with 132 people aboard. They have begun verifying information of insured passengers and preparing compensation payments. Here are some facts about the process.

Who underwrote MU5735?

The People's Insurance Co (Group) of China Ltd, one of China's leading insurers, is the chief underwriter of the plane that crashed. The company has started its emergency mechanism for major accident claims and established a special working group.

Subsidiary companies of Ping An Insurance Group Co also took steps related to the underwriting of the flight. The Guangdong branch of Ping An Property & Casualty Co Ltd jointly insures all risks and liabilities for the fuselage.

China Pacific Insurance Co is another insurer of the flight. After the accident, it started an internal verification process about airframe, group accident, flight accident insurance and other types of insurance with institutions in Yunnan province.