Printed from BusinessInsurance.com

Human error top cause of marine claims: Report

Posted On: Apr. 11, 2017 4:00 AM CST

A report by Allianz Global Corporate & Specialty S.E. said that between 75% to 96% of marine accidents occurred due to human error, Maritime Journal reported. Such incidents also rank as the top cause of marine liability losses, with other major causes being damage to cargo while engaged in handling activities; accidental damage to key infrastructure, such as natural gas pipes; vessel collisions leading to pollution spills; and leaks at port terminals resulting in environmental damages.

Read more.