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Insurers set aside millions as Germanwings crash site search continues

Insurers have put aside 279 million euros in provisions for last week's Germanwings A320 crash. The search of the site continued Tuesday as it was revealed that copilot Andreas Lubitz had shown suicidal tendencies in the past.

A French investigator stands in front of a map showing the crash site of a Germanwings Airbus A320 near Seynes-les-Alpes
A French investigator stands in front of a map showing the crash site of a Germanwings Airbus A320 near Seynes-les-Alpes Reuters/Eric Gaillard
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A consortium of insurance companies, headed by Germany's Allianz, has confirmed a report in the Handelsblatt newspaper that it has set aside 300 million dollars (279 million euros) to compensate for the effects of the crash, in which 150 people died.

Compensation is usually one million euros per person but the presence of Americans among the victims could push the figure up, Handelsblatt said.

The plane itself was insured for 6.5 million euros, the paper reported.

The search of the site of the crash continued on Tuesday morning, aided by the opening of an access trail on Sunday.

More than 4,000 items, either body parts or pieces of the plane, have been collected, a source told the AFP news agency.

The second flight recorder had still not been found on Tuesday morning and soundings in the ground were being taken.

Two German military helicopters were to join the search later in the day.

Dusseldorf prosecutors on Monday revealed that Lubitz had been treated for suicidal tendencies "several years ago, before he got his pilot's licence".

Since then he had consulted neurologists and psychiatrists, leading to him taking sick leave but not to suicidal tendencies being noticed.
 

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