Beirut marine and port insured losses should not exceed $250m, says Guy Carpenter
The combined hull, cargo and port facility insured losses from last week’s warehouse explosions in Beirut should not exceed $250m (£191m), according to an initial analysis by Guy Carpenter.
The explosions, which have been linked to 2750 tonnes of improperly stored ammonium nitrate, killed more than 220 people and injured over 6000. Early estimates have put the total economic damage of
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