Home NEWSBUSINESS Lloyd’s says Baltimore bridge payouts could be among largest ever

Lloyd’s says Baltimore bridge payouts could be among largest ever

by vergexpress

The Dali cargo vessel crashed into the Francis Scott Key Bridge inflicting it to break down in Baltimore, Maryland, US. Photograph: Reuters

Laura Benitez and Caroline Hepker

Insurance coverage payouts for Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could possibly be among the many largest ever in marine insurance coverage, in line with Lloyd’s of London chief govt officer John Neal.

“This has the potential to be one of many largest marine losses in historical past,” Mr Neal stated in an interview with Bloomberg Information.

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