Reinsurers braced for bulk of Suez Canal accident losses, reports Reuters

Sarah JollyApril 9, 2021
MAASVLAKTE, THE NETHERLANDS - JULY 5, 2019: EVER GIVEN moored at ECT Delta terminal. Evergreen headquartered in Taiwan is a global containerized-freight shipping company.
The containership Ever Given. Credit: Shutterstock/Bjoern Wylezich

The bulk of losses caused by the Ever Given containership that blocked the Suez Canal for nearly a week is likely to fall on reinsurers, according to Reuters.

It reported that the ship’s protection and indemnity (P&I) ...

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Sarah JollyApril 9, 2021
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