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Prevention measures crucial to tackling risk of battery fires in shipping: Allianz

Prevention measures crucial to tackling risk of battery fires in shipping: Allianz

by AIP Online Bureau | Aug 31, 2022 | International News, Non-Life, Reinsurance

AGCS analysis of over 240,000 marine insurance industry claims over the past five years (with a value of €9.2bn), shows that fire/explosion (from all causes) is the most expensive cause of loss, accounting for 18% of the value of all claims Singapore: Recent incidents...

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