Loss log: Claims at Christmas

10. Machinery breakdown (including engine failure) 3% 
e.g. damage to industrial machinery, factory hardware, ship aircraft/vehicle engine etc. 

9. Natural catastrophes 3% 
e.g. damage or disruption caused by hurricanes, tornados, storms, floods, wildfires, extreme weather etc. 

8. Defective product 4% 
e.g. large product recall; cost of fixing defective automotive parts; lost business income due to premises closing; food contamination etc. 

7. Fire/explosion 5% 
e.g. building/factory fire; electrical fire; gas explosion; vehicle fire etc. 

6. Bodily injury 6%
e.g. workplace injury; slip and falls at airports etc. 

5. Willful acts (crime) 7%
e.g. theft and burglary, vandalism, rioting and looting etc. 

4. Faulty workmanship/maintenance 8% 
e.g. collapse of building/structure/subsidence due to faulty work; faulty manufacturing of products/components; inadequate maintenance etc. 

3. Water damage 8% 
e.g. boiler leakage; flooding in basement; flooding due to burst pipes; general escape of water in commercial premises; failure of primary heating, ventilation and air conditioning system etc. 

2. Shipping incidents (sinking, collision etc.) 9% 
e.g. collision with harbor wall; hull damage at sea; ship grounding; ship foundering; collision with another vessel etc. 

1. Damaged goods (including handling/storage) 10% 
e.g. goods/technical equipment damaged; vehicles damaged in transit; equipment lost on premises; contents of a container damaged etc.