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Rescue crews attempt to reach the crew of the Golden Ray on 9 September. The capsize could be the year's most costly casualty to insurers Photo: US Coast Guard

Golden Ray insurance bill to top $200m — the largest yet in 2019

Wreck removal, hull damage and cargo loss to send costs soaring for insurers of grounded car carrier

16 October 2019 13:53 GMT Updated 25 September 2020 12:58 GMT

By Adam Corbett

in London

Insurers are facing claims in excess of $200m for a grounded car carrier, the Golden Ray (built 2017), after the

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Insurance

Golden Ray insurance bill to top $200m — the largest yet in 2019