Royal & Sun Alliance Insurance Group's majority-owned company, Codan Forsikring AS, has reached an agreement with the Danish state railway DSB, it was reported today.
Under the agreement, Codan will provide cover for the railways' rolling stock and buildings, as well as operating losses.
Codan is said not to have revealed financial details, but the premium that will be paid is thought to be a two-figure million Danish kroner amount.
