Baltimore bridge collapse a major but manageable marine loss event: S&P

Share!

Reinsurance News - Apr 02, 2024

S&P Global Ratings has said that although the Francis Scott Key Bridge collapse in Baltimore could cause the largest marine insurance losses recorded since Costa Concordia in 2012, it will be a manageable earnings event for the global reinsurance sector. The ratings agency states that if the Int...

Read Full Article

Recommended Articles

U.S. MGA premiums grow 16% in ‘24 driven by migrating talent, AI adoption & other factors: Conning

Posted: Jul 11, 2025

The U.S. Managing General Agent (MGA) growth once again outpaced the broader property-casualty marke...

Castle Harbour Insurance launches transactional risk insurance brokerage

Posted: Jul 11, 2025

Castle Harbour Insurance, a provider of specialty insurance services, has launched a transactional r...

SageSure and Auros close $100m cat bond with strong investor support

Posted: Jul 11, 2025

SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, along with it...