Previous Close | 0.1700 |
Open | 0.1700 |
Bid | 0.0000 |
Ask | 1.3500 |
Strike | 170.00 |
Expire Date | 2024-05-17 |
Day's Range | 0.1700 - 0.1700 |
Contract Range | N/A |
Volume | |
Open Interest | 31 |
Chubb, the insurer of Baltimore's Francis Scott Key Bridge that collapsed in March, is preparing to make a $350 million payout to the state of Maryland, the Wall Street Journal reported on Thursday. The payment is expected to be authorized within weeks, the report said, citing a statement from Henry Daar, head of property claims North America for WTW, the bridge's broker. The $350-million payout could be the first of many related to the disaster that analysts have said might cost insurers up to $4 billion, making it a record shipping insurance loss.
The payment is expected to be authorized within weeks, the report said, citing a statement from Henry Daar, head of property claims North America for WTW, the bridge's broker. The $350-million payout could be the first of many related to the disaster that analysts have said might cost insurers up to $4 billion, making it a record shipping insurance loss. The tragedy that killed six people occurred after a Singapore-flagged container ship collided with the landmark bridge.
RenaissanceRe's (RNR) first-quarter results reflect a solid underwriting performance and improved investment income. A rise in expenses partially offsets its quarterly results.