The Dali casualty has become the largest single loss in P&I market history, with reserves exceeding $2.8 billion and likely to rise further, according to Gallagher Specialty. The figure stands more than $1 billion above the previous record tied to the 2012 Costa Concordia sinking. The claim has moved into the International Group’s collective overspill reinsurance protection, with roughly $300 million of purchased cover remaining and no overspill levy yet triggered for shipowner members. Baltimore’s replacement bridge is now under construction, targeting completion in late 2030.