Concordia-style ship groundings top industrial cover losses
Ship groundings like that of the Costa Concordia represent the largest total value of insured loss over the last four years, according to figures from Allianz Global Corporate & Specialty.
In a study of losses between 2009 and 2013, the insurer found that 70% of industrial cover losses come from just 10 causes of loss.
Reviewing over 11 000 major business claims of more than €100 000
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