Germany to repay customers of insolvent Thomas Cook
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FRANKFURT (Reuters) - Germany will give financial assistance to customers hit by the insolvency of Thomas Cook because the tour operator's insurance cover has proved insufficient, it said on Wednesday."Damages that are not compensated by other parties will be settled by the federal government," it said in a statement, confirming a report by broadcaster ARD.Insurer Zurich's liability is capped at 110 million euros (£94.50 million) but it has already registered claims worth 250 million and..