INDUSTRY INSIGHTS

摘要

IN THIS MONTH'S Industry Insights, we put the focus on ship losses and casualties. Insurer Allianz Global Corporate & Specialty SE has just published its Safety and Shipping Review 2019, with encouraging news. Despite 46 large ships that were lost last year, the number was down from 98 the previous year. Partly, this was due to a quieter hurricane season. The total number of reported incidents showed little change at 2,698. Machinery damage caused one-third of all incidents over the past decade and is the most expensive cost of insurance claims—over $1 billion in the past five years.