The insurance industry, led by Lloyd’s of London, faces a potential record-breaking payout in the wake of the catastrophic Baltimore bridge collapse—a sobering reminder of the immense risks inherent in marine transport and infrastructure. A Behemoth of Insurance History for Lloyd’s of London Lloyd’s of London has long stood as an enduring icon in the insurance realm, demonstrating resilience amidst colossal claims. Among the most notable was the payout following the sinking of the Titanic, a testament to the enormity of marine risks that insurers like Lloyd’s contend with. The…
Read MoreLloyd’s of London Braces for Historic Loss After Baltimore Bridge Disaster
