Insight and Intelligence on the London & International Insurance Markets

17 May 2012

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Aon broker for Washington train crash

23 June 2009

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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