Spain train crash News

QBE Sets Aside ‘Immediate Needs’ Payouts for Spain Train Crash Victims

Australian insurance group QBE said on Thursday it had set aside €2.75 million [$3.64 million) for the immediate needs of those affected by last week’s train crash in Galicia in northwest Spain, which left 79 people dead. QBE may have …

Allianz, QBE Have Largest Exposures to Spain Train Crash

Germany’s Allianz and Australian group QBE bear the bulk of the insurance liability from this week’s fatal train crash in northwest Spain, according to sources at the companies. While Allianz’s Spanish subsidiary covers a compulsory personal accident policy for Spain’s …