Top Causes of Loss for Global Businesses: Allianz

The top causes of global corporate insurance losses as compiled by Allianz

This analysis encompasses over 470,000 claims from over 200 countries and territories.

Fire/Explosion: 24%

Aviation collision/crash: 14%

Faulty workmanship/maintenance: 8%

Storm: 7%

Defective products: 6%

Damaged goods (including handling/storage): 5%

Machinery breakdown (including engine failure): 5%

Water damage: 3%

Ship sinking/collision: 2%

Professional Indemnity (e.g. negligence/misadvice): 2%