The London market is facing a possible $150mn property and
business interruption loss as a result of yesterday's train
crash on the Washington Metro, in a programme placed by Aon, our
sister title Inside FAC understands.
The property programme, placed on behalf of the Washington
Metropolitan Area Transit Authority (WMATA), renews on 1 July and
is for a $200mn limit excess of $50mn.
However, initial reactions from the market indicate that the
property loss may not reach this layer, as...
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