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PRUDENTIAL TO PAY CRASH VICTIMS $165M
July 14, 2008
In the biggest aviation insurance settlement in the Philippines, and possibly in Asia, the Prudential Guarantee & Assurance Inc. (PGAI) has agreed to pay $165 million (P7.5 billion) to the families of those who perished in the crash of Air Philippines Flight 541 on Samal Island, Davao, some eight years ago.Related Aviation Accident Stories:
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