Insurance Age

QBE signs six-year contract

QBE has signed a six-year contract with Network Rail that will see the insurer take over property cover from AIG, which has insured National Rail's operations since 2002. It initially provided 100% of capacity on liability risks and significant capacity for risks and significant capacity for property, which was also supplied by AIG. This will rise to 100% of property and liability risks at the recent renewal.

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