Hong Kong:
The families of four of the victims killed in Monday's bloody hostage crisis in Manila will receive ompensation totaling up to HK$1,320,000 (US$170,000) for each victim.
The sum comprises a HK$300,000 payout from the insurer of the Hong Kong-organised tour they had been travelling on, a HK$20,000 gratuity from the Hong Kong government, as well as an extra HK$1 million because the four had bought travel insurance from Chartis through the travel agency, Hong Thai, for the tour.
The next of kin of the other four dead victims will receive up to HK$320,000 for each victim.
Asia Insurance Review 26/8/2010
what a tragedy to befall the families of those victims. RIP.
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