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
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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Allianz. (May 29, 2019). Breakdown of marine insurance claim value worldwide between 2013 and 2018, by cause [Graph]. In Statista. Retrieved June 05, 2020, from https://www.statista.com/statistics/1101744/marine-insurance-claim-value-by-cause/
Allianz. "Breakdown of marine insurance claim value worldwide between 2013 and 2018, by cause." Chart. May 29, 2019. Statista. Accessed June 05, 2020. https://www.statista.com/statistics/1101744/marine-insurance-claim-value-by-cause/
Allianz. (2019). Breakdown of marine insurance claim value worldwide between 2013 and 2018, by cause. Statista. Statista Inc.. Accessed: June 05, 2020. https://www.statista.com/statistics/1101744/marine-insurance-claim-value-by-cause/
Allianz. "Breakdown of Marine Insurance Claim Value Worldwide between 2013 and 2018, by Cause." Statista, Statista Inc., 29 May 2019, https://www.statista.com/statistics/1101744/marine-insurance-claim-value-by-cause/
Allianz, Breakdown of marine insurance claim value worldwide between 2013 and 2018, by cause Statista, https://www.statista.com/statistics/1101744/marine-insurance-claim-value-by-cause/ (last visited June 05, 2020)
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