Allianz Commercial sees business interruption claim severity rising, average claim value up about 30% annually over past two years
ALV•Allianz Commercial said average business interruption claim values rose about 30% annually over the past two years. Its study covered 7,888 claims worth EUR 6.74 billion from January 2021 to December 2025.
1. Claims grow costlier
Allianz Commercial’s study found business interruption claim frequency held broadly steady while severity rose sharply. Average claim value exceeded EUR 850,000, about 70% above the average property damage claim near EUR 500,000.
2. Causes of losses
Fire and explosion accounted for over 40% of total claims value, about EUR 2.9 billion. Natural catastrophes ranked second by value at 34% and led by frequency, accounting for 26% of claims.
