Main reasons for insurance losses in the energy sector globally 2009-2013, by claims

Published by Statista Research Department, Sep 10, 2014

This statistic presents the distribution of main reasons for insurance losses in the energy sector worldwide from 2009 to 2013, by value of claims. It was found that six percent of the insurance losses in the global energy sector resulted from machinery breakdown.

Distribution of main reasons for insurance losses in the energy sector worldwide from 2009 to 2013, by value of claims

Characteristic	Market share
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Release date

September 2014

More information

Region

Worldwide

Survey time period

2009 to 2013

Special properties

claims worth one million euro or more

Supplementary notes

The source adds the following information: "The findings detailed in this report are based on the analysis of 11,427 insurance claims from 148 countries (with a total value of more than 21.5 billion euro) recorded for the accident years 2009-2013, each with a total value after deductible of 100,000 euro or higher. All claims figures quoted are 100% (not only the Allianz Global Corporate & Specialty share but including coinsurers’ shares) and exclude deductible (i.e. they represent the full payment made)."

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