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HomeLatest NewsBaltimore bridge collapse will be biggest marine insurance case - Rossiyskaya Gazeta

Baltimore bridge collapse will be biggest marine insurance case – Rossiyskaya Gazeta

Date: September 19, 2024 Time: 06:14:00

Commercial Insurance Chairman Bruce Carnegie-Brown estimates the tragedy could be the largest marine insurance loss in history. The bridge and the ship that crashed into it were insured; Otherwise, the industry could suffer millions in losses.

Analysts at Barclays estimate the disaster will require $3 billion in insurance claims, while Morningstar DBRS estimates the figure at $4 billion.

The bridge collapsed after the ship Dali, chartered by Maersk, collided with one of its support beams.

Divers found the bodies of two construction workers, while four others are considered dead, reports insider.com.

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Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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