LP 32/2026 The Baltimore Bridge Collision: A Stress Test for P&I Club Mutual Mechanism
In March 2024, the M/V Dali allided with Baltimore’s Francis Scott Key Bridge, triggering the largest P&I claim in International Group history — an estimated USD 2.8 billion loss that tests the upper limits of the Group’s reinsurance programme. This article examines how the P&I club mutual mechan...
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