INSURERS EXPECTING BOOM IN LIFE COVER

Railway company insures its locomotives

ŽSSK Slovensko, which rail transport services, will pay a total of Sk133.9 million to insure its locomotives against breakdowns and damage.

Free trains was one of the main measures of the first package. Free trains was one of the main measures of the first package. (Source: Sme - Peter Žákovič)

ŽSSK Slovensko, which rail transport services, will pay a total of Sk133.9 million to insure its locomotives against breakdowns and damage.

Kooperatíva Poisťovňa won a tender to become the company's main insurer. Two other co-insurers were also selected: Allianz - Slovenská Poisťovňa and OBE Poisťovňa Košice.

The contract was signed on December 14, 2007 and covers trains in Slovakia as well as the Czech Republic, Poland, Austria, Hungary and Ukraine.

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