CGNU, parent company of Norwich Union Life, one of York's biggest private employers, today estimated its liability to the US disaster would not exceed £35 million.
The group said: "Following these events we have reviewed our worldwide exposure to the potential insurance claims which may arise, including accident and life policies, business interruption, travel and some participation in aviation insurance.
"An initial estimate, after taking into account the extent and quality of the group's reinsurance arrangements, is that CGNU's total net liability is not expected to exceed £35 million."
Updated: 11:58 Friday, September 14, 2001
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