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Fires and explosions cause largest losses for business globally, Asia Pacific accounts for 17% (EUR10bn) of total value of claims worldwide: Allianz

Analysis of over 470,000 global insurance claims from 2013 to 2018. Largest financial losses come from fires/explosions and aviation incidents Majority of corporate insurance claims originate from technical or human factors, accounting for 87% of all claims by value Property claims are becoming more expensive, with a rising share of business interruption losses   SINGAPORE […]

✍ Source Link : ☕ Business Insider Malaysia

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