LONDON, May 2 (Reuters) - Lloyd's of London

insurers Hiscox ( HCXLF ) and Lancashire do not expect

large insurance claims from the collapse of Baltimore's Francis

Scott Key Bridge in March that caused widespread disruption,

they said on Thursday.

Some estimates for the total insured losses from the bridge

collapse run into billions of dollars, given the loss of lives,

bridge repair costs and traffic re-routing.

The Wall Street Journal reported on Thursday insurer Chubb

was preparing to make a $350 million payout to the state of

Maryland.

Hiscox ( HCXLF ) does not have direct exposure to the business

interruption policy of the port, which is the busiest in the

United States for auto shipments, or the property policy

covering the bridge, the insurer said in its first-quarter

trading statement.

Hiscox ( HCXLF ) said it was one of the reinsurers on the

International Group of P&I Clubs' ship reinsurance policy, but

said it expected its net loss to be "moderate", without giving

further explanation.

Lancashire said in its first-quarter trading statement that

"our potential exposure will be within our expectations for an

event of this type".

French insurer AXA has also said it does not

expect "material" losses from the bridge collapse. AXA's

commercial insurance unit AXA XL is lead underwriter on the

International Group $3.1 billion reinsurance policy.

Grace Ocean Private Limited, the owner of the Dali container

ship that hit the bridge, and its manager Synergy Marine Pte

petitioned to limit their liability to a maximum of $43.6

million in an April 1 filing.

The mayor and city council of Baltimore last week filed a

lawsuit against the two firms, accusing them of negligence in

operating the ship, and saying the loss of the bridge has caused

the city's economic engine to "grind to a halt".