Just €36m paid out of a €280m total bill for Eurotunnel fire
Insurers have so far paid Eurotunnel just €36m out of the possible €280m total damages from the fire that restricted the tunnel from 11 September 2008 to 9 February 2009, the FT reports.
Eurotunnel said 2009 traffic and revenue figures were down 18.9% to €571m ($819m) because of the fire. The company was still in discussions with its insurers about the extent of its fire-related operating losses and how much it would be paid for the year's shortfalls.
Payments were halted after tunnel users made their own claims on Eurotunnel's insurance.
