CB May 2024 240.000 call
| Previous close | 9.83 |
| Open | 9.83 |
| Bid | 10.40 |
| Ask | 10.90 |
| Strike | 240.00 |
| Expiry date | 2024-05-17 |
| Day's range | 9.83 - 9.83 |
| Contract range | N/A |
| Volume | |
| Open interest | 350 |
- Reuters
UPDATE 2-Insurer Chubb readies $350 mln payout tied to Baltimore bridge collapse
Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the bridge in March. The payout is likely to 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.
ReutersInsurer Chubb readies $350 million payout tied to Baltimore bridge collapse
The payout is likely to 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. Plans for the $350 million payout were first reported by the Wall Street Journal, which said Chubb, along with Maryland and the families of the victims of the crash, will likely sue the ship owner and others to recoup losses from the crash.
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