While rescue crews continue to search for survivors of the Costa Concordia tragedy on the Italian coast, Bermuda believe it or not, will soon be feeling the smack of the ship's wake. According to Bloomberg, Bermuda's XL Group is one of the cruise line's lead insurers, and along with insurance firms Generali SpA and RSA, faces up to $1 billion in potential damages. In case you're wondering that would be a new record for a ship wreck, dwarfing the claims that followed the sinking of Exxon Valdez, which ran aground in Alaska in 1989 costing insurers $500 million. And although the final bill will be shared by 12 other insurers from the London market and likely won't be definitively known for months or even years—at the moment losses are estimated to be between $600 and $800 million—it's amazing to think how one rock could simultaneously rip a gaping hole in a ship and an industry. Risky business, indeed.
Posts
Why won’t KLM refund my flex ticket?
14 hours ago
Techsaga Corporation provide web development services with various latest technology in Noida. We works on different technology such like PHP Development, Word press etc and Android Development and Ios Development for Mobile Application . If you are interested for Web Development services then call on the given contact number or visit on given website link.
ReplyDeletehttps://www.techsaga.co.in
Hello , Investment is one of the best ways to achieve financial freedom. For a beginner there are so many challenges you face. It’s hard to know how to get started. Trading on the Cryptocurrency market has really been a life changer for me. I almost gave up on crypto currency at some point not until I got a proficient trader Bernie Doran, he gave me all the information required to succeed in trading. I made more profit than I could ever imagine. I’m not here to converse much but to share my testimony, I invested $2000.00 and got back $20,500.00 as my ROI within 7 business days of investment. His strategies and signals are prolific and the best, I have also gained more knowledge on the trade market. If you are new to cryptocurrency I would recommend you contact him through Gmail : BERNIEDORANSIGNALS@GMAIL.COM or his WhatsApp : +1424(285)-0682 , tell him I referred you
ReplyDelete