Zurich, Axa XL and others agree to pay EUR270mn in D&O claims over VW ‘Dieselgate’ scandal
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Zurich, Axa XL and others agree to pay EUR270mn in D&O claims over VW ‘Dieselgate’ scandal

Marcel Le Gouais
10 June 2021
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Insurers including Zurich, Axa XL, AIG Europe and others have agreed to pay out a combined total of EUR270mn ($328mn) in D&O claims to VW after a review found failures in the conduct of its former executives.

The carriers – which also include Allianz Global Corporate & Specialty, Liberty Mutual Europe, Tokio Marine Europe, QBE Europe, HDI Global and Great Lakes Insurance – agreed to pay out on claims after an independent review found VW’s former...

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NewsLondon marketZurichD&O
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Marcel Le Gouais
Deputy Editor
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