Shutterstock.com_1315667918/ Lazy_Bear_305834648/Alexander Briggs
30 April 2026Reinsurance

Baltimore Bridge losses veering well ahead of initial estimate

The Baltimore Bridge collapse could deliver an insurance bill 30% or more in excess of the rough and ready $1 billion figure initially put forward by the industry in the wake of the tragedy, Everest Group CEO Jim Williamson has suggested based on the latest signals.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Reinsurance
5 November 2026   Heavy cat losses hit P&C reinsurance from Colombia earthquake and Portugal storm.
Reinsurance
5 November 2026   Asia offers broad reinsurance opportunities, but Axa XL’s Augustin Gas says appetite, technical expertise and better data will determine where capacity is deployed.
Reinsurance
5 November 2026   Underwriting chief warns soft market competition threatens pricing adequacy.