AGCS shipping report News

Shipping Losses at Record Lows, but COVID-19 Impact Could Threaten Safety: Allianz

Large shipping losses dropped by 20% last year, in a continuation of decade-long trend when losses declined by almost 70%, according to a report published by Allianz Global Corporate & Specialty (AGCS). However, the report warned that the coronavirus crisis …

Shipping Losses Fall to Lowest in 10 Years as Technology Drives Safety

Large shipping losses have declined by 50 percent over the past decade and last year saw the lowest number of losses in the past 10 years. The favorable loss trend has been largely driven by improved safety, according to Allianz …