Allianz Global Corporate & Specialty (AGCS) industry loss study shows that despite the long-term good safety trend for the global shipping industry, which has seen total losses more than halve over the past ten years, a variety of causes are driving ever-increasing claims.
As a result of an increase in both attritional and high-value claims, cargo damage has replaced fire/explosion as the most costly driver of claims activity at a time of rising exposures and...
https://mfame.guru/trends-to-watch-in-marine-insurance-claims-worldwide/