Fire Drives over 40% of Business Interruption Claim Costs, Allianz Finds
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.5 Articles
5 Articles
Fires and explosions account for 40% of the losses that insurance companies absorb from business interruptions. Increasingly, ... The article Insurance companies: 40% of losses from business closures are due to fires and explosions was published in NewsIT.
Fire drives over 40% of business interruption claim costs, Allianz finds
Fire and explosion accounted for more than 40 percent of the value of business interruption insurance claims analysed globally over five years, generating about €2.9 billion in losses, according to Allianz Commercial. The insurer analysed 7,888 claims valued at approximately €6.74 billion between January 2021 and December 2025, with the findings showing that the financial […]
The average value of an insurance claim for business interruption has reached levels of over 850,000 euros, exceeding the average by approximately 70%.
Capital.gr
insider.grThe average claim for compensation for business interruption now exceeds 850,000 euros, approximately 70% higher than the average claim for material damage.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
