Insurance claims following the crash of the Boeing 737 Max operated by Ethiopian Airlines on Sunday may rise to $60m from to $50m.
Concise News had reported that the crash killed all 157 passengers on board including two Nigerians.
The Nigerian victims were Nigerian-born Canadian professor and writer, Pius Adesanmi, and Ambassador Abiodun Bashua, a former Joint Special Representative for the African Union-United Nations Hybrid Operation in Darfur, Sudan.
According to reports from reinsurancene.ws. the loses from the crash could hit all $60m.
Global insurance brokerage and risk management firm, Willis Towers Watson, has said it is the insurance broker for Ethiopian Airlines.