IG confirms $3.1bn re structure after ‘challenging’ Baltimore year
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Lines of business
Specialty lines
Marine

IG confirms $3.1bn re structure after ‘challenging’ Baltimore year

The IG said this year had been “more difficult” for the group’s reinsurance partners.

By Samuel Casey
December 18, 2024
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The deadly collapse of Baltimore's Francis Scott Key Bridge could rival or beat the maritime industry's largest-ever financial loss, with insurance claims expected to reach $1 billion or more. (Jerry Jackson/Baltimore Sun/TNS)
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