Eurotunnel insurance policies placed with a pool of insurers consisted of a first layer of EUR 200M (USD 254M), and an excess layer. Due to the amount of the claim, the excess layer was called, which delayed the final agreement.
The money has been split between repairs, which equal EUR 57M (USD 72M); rolling stock, EUR 36M (USD 46M); supplementary costs of EUR 8M (USD 10M); and operating losses, which equal 152M (USD 193M).
More than EUR 20M (USD 25M) had been invested in four safe fire extinguishing areas of 800m each since the fire, the statement issued by Groupe Eurotunnel revealed. The aim of the safe zones is to control a fire and facilitate fire brigade intervention.
The 2008 fire injured 14 people and closed the tunnel between the UK and France for almost two days. The tunnel fully reopened five months later.
