Liability Risk and Insurance
Allianz withdraws from insuring Deutsche Bahn
Following the rail crash at Bruhl in Germany earlier this year, it is reported that
Allianz has withdrawn from insuring German railways due to safety concerns. The first DM50mn of liability claims on behalf of the
eight dead and 149 injured will be handled by a consortium led by
Axa Colonia. The next DM250mn is covered by XL Europe.