Rail insurer QBE says it is not liable

QBE has said it will not be liable for the blaze that broke out on a derailed freight train in Scotland on Tuesday.

The insurer recently announced a six-year contract with Network Rail, brokered by Aon, to provide capacity on property and liability risks.

But Network Rail also operates a captive, which is expected to cover this loss.

The train was carrying kerosene and diesel when it hit a pylon while crossing a bridge in Stewarton, East Ayrshire. Six of the 10 wagons came off the rails and some caught fire. No injuries were reported.

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