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Breakdown of marine insurance claim value worldwide by cause 2013-2018

Between 2013 and 2018, ship sinking and collision incidents accounted for 16 percent of the value of claims in the marine insurance sector, which amounted to 1.39 billion euros. Machinery damage, such as engine failure, accounted for 12 percent of the total.

Breakdown of marine insurance claim value worldwide between 2013 and 2018, by cause

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Release date

May 2019



Survey time period

2013 to 2018

Number of respondents

230,961 respondents

Special properties

Insurance claims

Supplementary notes

According to the source, this data set is based on 230,961 insurance claims with a value of 8.8 billion euros (or 9.9 billion U.S. dollars) between July 2013 and 2018.

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