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Old 2nd Aug 2011, 15:17
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Airbubba
 
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More details on the Captain's very recent multiple insurance policies from the Korean press:

The Financial Supervisory Service, the nation’s top financial watchdog, held a short briefing yesterday to explain financial regulators’ position regarding the Asiana pilot’s insurance policies.

The media has reported that an Asiana pilot surnamed Choi [Sang-ki, the Captain], one of two pilots whose cargo plane crashed near Jeju Island on July 28, was found to have taken out seven insurance policies including two annuities and five nonlife insurance policies that could amount to some 3 billion won ($28.6 million [sic]) in payouts from six different insurance companies in the space of some three weeks starting in mid-June.

The FSS said that a blind spot in the existing cross-checking system shared by all local insurance companies could be involved and will be addressed.

Because an insurance company screens a prospective customer’s ability to pay monthly insurance payments, including income and expenses like subscription to other insurance policies, before issuing a policy, industry insiders say that it is unlikely that insurance companies would have approved all seven insurance policies to a single individual within the space of three weeks.

However, although data of all finalized insurance contracts are available on the industry-wide system, policies were not tracked during a period of roughly two weeks between a customer subscribing to a policy and an insurance company’s final approval.

“The insurance company is on the hook to compensate any insured accidents if the policyholder has made a single insurance payment, no matter whether the contract was finalized by the company or not,” said FSS Deputy Governor Kim Soo-bong.
INSIDE Korea JoongAng Daily

I doubt that this crash was suicide. No pilot can be so stupid that he doesn't realize that the FDR and voice recorder will tell if there's been a fire or not. However, I don't get upset because the investigation will look into the matter. Coincidences like this are rare and will of course be subject to speculation.
Quite possibly just a coincidence in timing and I'm sure it will be checked out.
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