Baltimore a ‘complex and expensive loss’, but well inside Lloyd’s budget

The marine collision and bridge collapse in Baltimore represents “a complex and expensive loss” for the Lloyd's market, albeit well within the market's large-loss budget, but could also pay off as an example of the “value of insurance,” Lloyd's CEO John Neal has argued.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Reinsurance

Lloyd’s: pivotal to facilitating growth in LatAm

27 March 2024 Lloyd’s remains central to the growth plans of many carriers targeting the Latin American region. Dawn Miller, Commercial Director, and Hank Watkins, Regional director and President, Americas, Lloyd’s, spoke to Intelligent Insurer.

Insurance

Lloyd’s and Bermuda partner on sharing risk expertise

14 March 2024 It will seek to boost innovation and education throughout the Lloyd’s and Bermuda markets.

Insurance

Lloyd’s hits record highs as UW profit more than doubles, strong rates ahead

8 March 2024 S&P expects Lloyd’s to maintain reserve margin amidst inflationary pressures on casualty.