Zurich and German government will meet €287m Thomas Cook Germany claims

Thomas Cook Airbus A320 at Stuttgart airport, Germany. Credit: iStock/Boarding1Now

The German government has said it will step in to compensate Thomas Cook Germany holidaymakers after claims from the company’s bankruptcy reached €287.4m and exceeded insurance limits under a contract with Zurich Insurance. Zurich said it is liable for a total of €110m in claims. More than half (€59.6m) has already been spent on repatriating travellers when the firm filed…

Please register or login to view the full post