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Moscow Metro's Crashed Train Was Not Insured

Members of the emergency services work at the site of an accident on the subway in Moscow.

The train that was involved in Tuesday's deadly crash in the Moscow metro was not insured, and neither was the equipment in the tunnel where the accident took place, news agency ITAR-Tass reported Wednesday.

Two Russian companies, Ingosstrakh and Rosgosstrakh, had insured the metro's rolling stock and equipment, but the most recent agreement expired in February 2014.

A tender to select a new insurer for the Moscow metro's property was announced in the fall of 2013, but never actually took place, the report said, citing documents from the State Procurement Transparency Ratings agency.

The Moscow metro was prepared to pay 9 million rubles ($260,000) for its movable assets and 46 million rubles ($1.3 million) for its immovable assets to be insured for 2014.

Metrovagonmash, which supplies trains for the Moscow metro, declined to say how much one of its trains costs when called Wednesday. A recent Moscow metro tender set a $4.1 billion price tag for the supply and service of 832 train cars. Crunching the numbers, each car — including service — costs about $5 million.

Sogaz, Rosgosstakh and Kompanion all filed applications to take part in the tender, but the Moscow metro turned them down, saying they did not meet its requirements, the report said.

Kompanion later made a separate application to insure only the rolling stock, but was again rejected.

Tuesday's crash occurred during rush hour when three cars were derailed between the Slavyansky Bulvar and Park Pobedy metro stations, killing 23 people and injuring more than 200, RIA Novosti reported.

See also:

Deadly Derailment in Moscow Metro (Video)

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