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The Guardian - UK
The Guardian - UK
Business
Jack Simpson

Baltimore bridge collapse could lead to record insurance loss, says Lloyd’s boss

The collapsed Francis Scott Key Bridge
The bridge collapsed on Tuesday after a container ship hit one of its concrete columns. Photograph: EyePress News/Rex/Shutterstock

The collapse of Baltimore’s Francis Scott Key Bridge is likely to lead to the largest single marine insurance loss ever, the chair of Lloyd’s of London has said.

Bruce Carnegie-Brown said he expected to see insurers incur multibillion-dollar losses after the disaster, which resulted in the deaths of at least two people, with four others missing and presumed dead.

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