Sinister Titanic Was Paid Insurance in Less Than 30 Days
On the centenary of the tragedy of the Sinister Titanic, the British insurer
Lloyd's conducted a survey of data on the sinking. One hundred years ago, the
RMS Titanic was insured on behalf of the White Star Line, owners of the ship,
worth 1 million pounds. Interestingly, despite the high value, the claim was
paid quickly: in less than a month.
Life Insurance
Most life insurance policy was made by an American businessman, worth
$ 50 thousand in 1912 values.
Car Insurance
For the first time in history, a person flipped a car insurance hit by
an iceberg. The owner received $ 5000 U.S. dollars, amounts of time by a
Renault.
Allianz appoints the challenges of maritime transport safety
The recently published report by Allianz, the shipping insurance
specialist, reports that the shipping industry is facing new challenges brought
by the continuing growth of the shipping world, despite the restructuring of
the security system in which the means of transport has spent the last century.
According to Allianz Global Corporate & Specialty (AGCS), the global
commercial shipping fleet has tripled since 1912, surpassing the mark of 100
thousand ships. Nevertheless, the overall loss index of vessels declined to 1%
(1912) to 0.15% (in 2009).
While technological advances and current regulations have contributed
to improving the trips at sea, other risks have emerged to put safety proof,
like:
• Reduced number of crew.
• Increased costing and
size of the ships.
• Concern about the structural
integrity and possible failures.
• Compromising safety
margins.
• Increased bureaucracy on
board ships.
• High risk of human
error.
• Constant threat of
piracy.
• Emergency water ice.
It is necessary that the industry learns to deal proactively with the
weaknesses that have emerged, establishing risk management and safety culture
as a practice of the world fleet. According to the report, over 75% of the
losses of ships are assigned to human failings, including: fatigue, exhaustion,
inadequate risk management, excessive pressure, competitiveness and deficiency
in crew training.
According to Dr. Sven Gerhard, it is responsible global hull and
liability for transportation and Nautical GATS, "as well as technological
improvements reduce the risk, the human factor becomes the weakest link and the
most relevant of this system."
