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Marine hull insurers await rating impact in wake of cruise ship sinking

sinking-ship

The Costa Concordia cruise ship disaster has been called the largest insurance loss in maritime history with some suggesting it could be “bigger than the Titanic”.

Since the £350m Carnival-owned vessel ran aground on 13 January, at least 16 of the 4000 passengers and crew on board have died. As Post went to press, 25 people were still missing and it could be

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