Allianz AGCS – Safety and Shipping Review 2018
July 20 2018
Shipping is the lifeblood of the global economy, transporting approximately 90% of global trade. There are over 50,000 merchant ships trading internationally[i], carrying every kind of cargo, so the safety of vessels is critical. The maritime industry saw the number of total shipping losses remain stable during 2017, declining slightly to 94 – the second lowest total over the past decade.
Losses were down 4% compared with a year earlier (98) – current figures show a significant improvement on the 10-year loss average (113) – down 17%. Over the past decade, total losses have declined by more than a third (38%), driven by improved ship design, technology and advances in risk management and safety. Recent lower shipping activity is also a factor.
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AIG’s McMurdo to join Steadfast MGA as CUO personal lines
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QBE’s Hammond on transformation and growth
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Swiss Re: Nat cats and man-made disasters in 2018
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Willis Towers Watson: 2019 Asia Market Report
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AXA XL: Helping ESG move from the periphery to the mainstream
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Sedgwick: Simplifying major and complex loss
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Swiss Re Corporate Solutions: Windstorm Preparedness Guide
Windstorms and tropical cyclones pose a significant threat around the globe. How can corporates be better prepared for a storm?
