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Despite a construction cost of around 7.5 million US-dollars, the Titanic was insured for a hull value of 5 million US-dollars through over 70 co-insurers including Allianz.

Despite a construction cost of around 7.5 million US-dollars, the Titanic was insured for a hull value of 5 million US-dollars through over 70 co-insurers including Allianz (one of the few non-British insurers to cover this ship). Total claims arising from the disaster are estimated to have totaled around 12 million US-dollars (or at least 278 million US-dollars in 2010 prices adjusted for US inflation).

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