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Baltimore bridge collapse set to be biggest ever marine insurance loss

BusinessBaltimore bridge collapse set to be biggest ever marine insurance loss

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He pointed to three dimensions on the Baltimore claims, covering “the bridge itself, the ship and its cargo, and second order losses which will arise from supply chain interruption – the ships that are trapped in Baltimore and can’t get out and the ships in transit to Balitmore that now need to find a different harbour or port of entry into the United States.” He added:

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