“Fires and explosions largest source of corporate insurance losses” – AGCS
Reinsurance News - Aug 15, 2022
Allianz Global Corporate & Specialty’s Global Claims Review 2022 says that fires and explosions (excluding wildfires) are the single largest identified cause of corporate insurance losses, accounting for 21% of the value of all claims. According to the firm, the past five years such incidents ha...
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