Reinsurers to bear the bulk of insured cost of Baltimore bridge collapse, says AM Best
Reinsurance News - Mar 27, 2024
The collapse of the Francis Scott Key Bridge near the Port of Baltimore, Maryland yesterday is expected to drive billions of dollars in insured losses, with reinsurers set to bear the bulk of the claim amid concerns it could become the largest ever marine loss. Shortly after 5am local time, containe...
Recommended Articles
Posted: Apr 02, 2026
US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in exces...
Posted: Apr 02, 2026
Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Tr...
Posted: Apr 02, 2026
Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Sh...