US insurers' profitability unlikely to be impacted by Baltimore bridge collapse

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<abstract displayLabel="Summary">The Baltimore bridge collapse incident is unlikely to impact the profitability of US insurers, according to GlobalData, despite being one of the most significant maritime losses in US history so far. The incident is expected to lead to the biggest marine insurance payout, costing insurers billions of dollars in losses. GlobalData forecasts it to surpass the marine losses of the Costa Concordia cruise ship disaster in 2012</abstract>
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<text>April 26, 2024 ; </text>
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