Business Interruption Claims
Allianz Commercial
Navigating Business Disruptions: Trends and Insights
In the world of corporate insurance losses, Business Interruption (BI) stands out as a significant concern for businesses globally. This insightful report from Allianz Commercial delves into the latest trends and developments, offering a comprehensive analysis of 7,888 claims valued at approximately €6.74 billion (US$7.82 billion) over a five-year period (January 2021 - December 2025).
Key Findings:
- Stable Frequency, Increasing Severity: While the frequency of business interruption claims has remained relatively consistent, their severity is on the rise, with an approximate 30% annual increase in average claim values.
- Top Causes: The report provides insights into the leading causes of these interruptions, offering valuable information for businesses aiming to mitigate risks.
- Global Impact: With a focus on both international and country-specific trends, it provides a comprehensive view of BI's worldwide impact.
Expert Insights:
- Loss Prevention: The document emphasizes the importance of proactive measures to minimize the impact of business interruptions.
- Expert Analysis: Allianz Commercial's experts share their insights on emerging trends and their implications for businesses.
Related Resources:
- Allianz Risk Barometer: Explore Allianz's comprehensive risk assessments, including insights into cyber incidents, artificial intelligence, and more.
- Global Risk Dialogue: Stay informed about global risk discussions and trends.
- Risk Consultancy: Access expert guidance on crisis management, risk consulting, and captive insurance solutions.
Read on to discover:
- Top causes of business interruption claims globally and by country.
- Other factors driving claim severity and frequency.
- Practical steps for businesses to enhance their resilience against interruptions.