Global shipping losses drop to record low of 27 vessels, but new geopolitical risks loom: Allianz

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Reinsurance News - May 30, 2025

Global shipping losses have fallen to their lowest level in decades—just 27 vessels in 2024, down from more than 200 annually in the 1990s—according to the Safety and Shipping Review 2025 by Allianz Commercial, the corporate insurance division of Allianz Group. Despite the improvement in maritime sa...

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