Allianz warns of car ship pain after 4000 vehicles lost at sea - Sydney Morning Herald

The global insurance giant says car-shipping incidents are now a major cause of loss for the insurance industry after a cargo ship with about 4000 VWs, Porsches and Lamborghinis sank in the Atlantic two months ago.

Allianz says car-shipping incidents are now a major cause of loss for the insurance industry after a cargo ship with about 4000 Volkswagen vehicles caught fire and sank in the Atlantic two months ago… [+1587 chars]

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