Europe's largest insurers have reached an agreement to provide an extra $25m (£15m) to honour claims from relatives of Holocaust victims.

Zurich Financial Services, Winterthur and AXA have agreed to resolve any legal action from relatives seeking to recover unpaid life insurance policies on those who died.

Under the new deal with the Eagleburger Commission, the insurers agreed to "undertake a reasonable search effort and publish the names of any policyholders who may have been Holocaust victims on the Eagleburger Commission's website".

The Eagleburger Commission was established in 1998 to resolve allegations that insurers failed to honour claims filed by Holocaust survivors and heirs of Nazi victims.

In 2002 the commission reached a $275m (£175m) deal with insurers from Germany and several other European countries.