Insurers on watch for BASF chemical plant loss

Two people have died and several are missing following an
explosion at a major chemical plant belonging to German industrial
manufacturer BASF yesterday.
The incident occurred at the company's plant in
Ludwigshafen, western Germany, on a supply line connecting a
harbour and a tank depot, according to Reuters.
The BASF plant is said to be the world's biggest chemical
complex.
Sources told sister publication Inside FAC the incident was
unlikely to be a major loss for BASF or its insurers,...