Swiss Re reveals ties to Genoa bridge collapse tragedy


Swiss Re reveals ties to Genoa bridge collapse tragedy

Global reinsurer Swiss Re has today announced its connect to an italian man , company, Autostrade per I’Italia, which manages the stretch of freeway in Genoa which a 50-year-old highway bridge collapsed the 2009 week, causing almost 40 fatalities.

On Tuesday (August 14) lunchtime, a 200-meter portion of the freeway bridge in northern Italia gave way, claiming a minimum of 38 lives. Following a tragedy, there has been requires Autostrade per I’Italia’s parent company Atlantia (ATL.MI) to become stripped of their road concessions, based on a Reuters report.

A Swiss Re spokeswoman told Reuters: “We happen to be dealing with and can continue supporting our client in handling the impact of the tragic event around the victims as well as their families.”

The insurance coverage giant declined to show information regarding individual insurance contracts and wouldn’t discuss the policy it presented to clients.

“We is going to be dealing with the invention procedure that includes independent third-party assessments to be able to determine the likely real cause from the event,” the firm announced, adding its sympathies for individuals impacted by the tragedy.


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