Deemed the Titanic of 2012, the wreck of luxury liner Costa Concordia cost Bermuda-based reinsurers billions of dollars.To learn from the tragic accident, the Bermuda Insurance Institute (BII) is holding a marine insurance seminar aimed at those who are interested in specialty marine insurance within the context of a real-life incident.Held on July 6, the presentation will be given by Bermuda-based marine specialist underwriters who will provide an overview of proximate and contributing factors to the accident, detailed description of the vessel, hull insurance coverage implications, P&I insurance coverage parameters, current insured market loss estimates and a summary on Captain Francesco Schettino.The seminar will take place from 8.45am -11am and costs patrons $105, BII members $125 and non-members $150.The Costa Concordia ran aground and came to rest on its side off the Tuscan island of Giglio on January 13 after the ship’s captain veered from his approved course and gashed the ship’s hull on a reef. More than a dozen people died.