Baltimore sues Dali shipowner, manager over bridge collapse
April 24 2024 by Mithun Varkey-
Baltimore bridge loss reserve hits US$2.8bn, topping Costa Concordia; Q2 marine reserving at risk
- April 28
US State of Maryland settles with MV Dali's owner and operator but not shipbuilder Hyundai, as the bridge collapse loss estimate rises to the largest marine insured loss ever.
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Iran conflict heightens specialty insurance tail risks: Moody’s
- March 12
Beyond marine and aviation, PVT and SRCC coverage carries uncertainty, but insurers are enjoying strong demand and rate hikes, the rating agency said.
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Questions mount over Trump’s touted US$20bn war facility for Gulf shipping
- March 12
The extent of involvement from the international marine (re)insurance market is also unclear, given that the US agency said it will work ‘with preferred American insurance partners’.
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US DFC unveils US$20bn maritime reinsurance facility for Gulf trade
- March 8
US International Development Finance Corporation, along with American insurers, will offer revolving cover with a focus on hull and machinery and cargo to start.
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