The Underwriting Room at Lloyd's of London
The Underwriting Room at Lloyd's of London.
  • Claims from container ship Dali crashing into Baltimore's Key Bridge could cost insurers billions.
  • Analysts estimate the bridge itself is worth $1.2 billion, with even more in potential liabilities.
  • That risk will be spread across several firms of the venerable Lloyd's of London exchange.

A journalist once said in 1859 that "not a breeze can blow in any latitude" without being recorded in the books at Lloyd's of London, the oldest insurance exchange in the world.