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Reinsurers set to bear brunt of costs for Suez Canal grounding Reuters 3 hrs ago By Jonathan Saul and Carolyn Cohn © Reuters/MOHAMED ABD EL GHANY FILE PHOTO: Ship Ever Given, one of the world s largest container ships, is seen after it was fully floated in Suez Canal By Jonathan Saul and Carolyn Cohn LONDON (Reuters) - Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez Canal, industry sources said, with payouts expected to run into hundreds of millions of dollars. International supply chains were thrown into disarray when the 400 metre (430 yard) Ever Given ran aground in the canal on March 23, with specialist rescue teams taking almost a week to free the vessel.

Suez canalAs suwaysAl qahirahAl isma iliyahUnited kingdomCity ofOsama rabieYuka obayashiKirstin ridleyYumi shinoharaAlan mackinnonRachel armstrongJonathan saulShoei kisenCarolyn cohnJane merriman