Share of product recall insurance claims across sectors globally 2017, by claim value

Published by Statista Research Department, Dec 10, 2024
This statistic shows the share of product recall insurance claims from selected industries worldwide in 2017, by value of claims. In 2017, the value of product recall insurance claims from automotive/industrial suppliers accounted for 71 percent of all product recall insurance claims.

Share of product recall insurance claims from selected industries worldwide in 2017, by value of claims

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Release date

January 2018

Region

Worldwide

Survey time period

2017

Supplementary notes

*Less than one percent.
The source adds the following information: "total number of dedicated product recall claims analyzed 367 between January 2012 to June 30, 2017. Sectors impacted expressed as a % of value of all claims analyzed. Other sectors account for <1% of value of all claims. Claims analysis does not include pharmaceutical industry drug recalls."

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