Skip to main content

Generali, RSA and XL Group believed to insure stricken cruise ship

italy-on-a-map

The Costa Concordia, which ran aground on Friday, is believed to have been insured by companies including RSA Insurance Group, Assicurazioni Generali SpA, and XL Group.

According to a report by Bloomberg the three companies are among several insurers facing total costs of about E405m. While Hannover Re said it will take a "major loss" exceeding E10m from the wreck.

T

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

Show password
Hide password

Big Interview: Matt Williams, Allianz Trade

Matt Williams, UK and Ireland CEO at Allianz Trade, sits down with Harry Curtis to discuss how the insurer is putting its data to work, what’s driving demand for trade credit policies, and his thoughts on Trump’s tariffs and the UK economy.

FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here