X-Press Pearl sinking threatens multi-hundred million loss

03 June 2021

X
LinkedIn
Email
Show more sharing options

X Press Pearl container ship Colombo, Sri Lanka

The X-Press Pearl, the container ship which caught fire off the coast of Sri Lanka, sank today and could cost the marine market hundreds of millions of dollars across P&I, hull and cargo covers, Insurance Insider understands.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

Gain a competitive edge and accelerate decision-making
Be empowered by insights that transform confusion to clarity
Uncover growth opportunities and prepare for potential threats
Fuel a smarter strategy for business growth

Request a free trial Already a subscriber? Log in now

X-Press Pearl sinking threatens multi-hundred million loss

Fuel a smarter strategy with our actionable market intelligence

Topics

Most Recent

RiverStone books $300mn in pre-tax adjusted profit in 2024

Arch Q1 CoR increases 11.3 points to 90.1% as wildfire losses offset reserve releases

Chaucer’s McLaughlin to exit for Howden Re in Miami

Willis aviation buildout intensifies with Marsh’s Shipman and O’Raidy

Aspen Q1 CoR jumps 9.5 points to 96.1% as company kickstarts IPO

Lack of market balance in cyber re could hinder growth: Howden Re

Aspen aims for valuation of up to $2.9bn as IPO launched

X-Press Pearl sinking threatens multi-hundred million loss

Log in to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

RiverStone books $300mn in pre-tax adjusted profit in 2024

Arch Q1 CoR increases 11.3 points to 90.1% as wildfire losses offset reserve releases

Chaucer’s McLaughlin to exit for Howden Re in Miami

Willis aviation buildout intensifies with Marsh’s Shipman and O’Raidy

Aspen Q1 CoR jumps 9.5 points to 96.1% as company kickstarts IPO

Lack of market balance in cyber re could hinder growth: Howden Re

Aspen aims for valuation of up to $2.9bn as IPO launched