A report released Wednesday by Allianz Global Corporate & Specialty (AGCS) identifies the top factors impacting financial losses for businesses, with ship groundings, fires and aviation crashes leading the list.
Nearly 70% of financial losses can be attributed to 10 factors based on a review of more than 11,000 business claims over $136,455 from 148 countries between 2009 and 2013.
- Grounding
- Fire
- Aviation crash
- Earthquake
- Storm
- Bodily injury (including fatalities)
- Flood
- Professional indemnity
- Product defects
- Machinery breakdown
Click infographics to enlarge
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