Dali becomes biggest P&I loss in history

Splash 24718 Sep 2026AI generated

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The Dali casualty has become the largest single loss in the history of the P&I market, with reserves now exceeding $2.8bn and the claim reaching a layer of the International Group’s insurance structure never previously tested by a casualty of this scale. Gallagher Specialty said the reserve associated with the 2024 destruction of Baltimore’s Francis …

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