Between July 2013 and July 2018, liability insurance claims from losses due to defective products accounted for 45 percent of all liability claims globally in terms of claim value. The value of claims from faulty workmanship or maintenance equaled 13 percent of the total liability claim value.
Leading causes of liability insurance losses worldwide between 2013 and 2018, by share of claims value
Characteristic
Share of claims value
Defective products
45%
Faulty workmanship/maintenance
13%
Fire/explosion
7%
Crime/disorder
3%
Minor collission/crash (e.g. non-aviation/auto/shipping-related)
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Allianz. (December 13, 2018). Leading causes of liability insurance losses worldwide between 2013 and 2018, by share of claims value [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1052102/leading-causes-of-liability-loss-worldwide-by-value-of-claims/
Allianz. "Leading causes of liability insurance losses worldwide between 2013 and 2018, by share of claims value." Chart. December 13, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1052102/leading-causes-of-liability-loss-worldwide-by-value-of-claims/
Allianz. (2018). Leading causes of liability insurance losses worldwide between 2013 and 2018, by share of claims value. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1052102/leading-causes-of-liability-loss-worldwide-by-value-of-claims/
Allianz. "Leading Causes of Liability Insurance Losses Worldwide between 2013 and 2018, by Share of Claims Value." Statista, Statista Inc., 13 Dec 2018, https://www.statista.com/statistics/1052102/leading-causes-of-liability-loss-worldwide-by-value-of-claims/
Allianz, Leading causes of liability insurance losses worldwide between 2013 and 2018, by share of claims value Statista, https://www.statista.com/statistics/1052102/leading-causes-of-liability-loss-worldwide-by-value-of-claims/ (last visited December 22, 2024)
Leading causes of liability insurance losses worldwide between 2013 and 2018, by share of claims value [Graph], Allianz, December 13, 2018. [Online]. Available: https://www.statista.com/statistics/1052102/leading-causes-of-liability-loss-worldwide-by-value-of-claims/
