The transport sector encompasses road, water, air, rail, and other modes of conveying people, goods, and services from one location to another. This sector plays a pivotal role in the economic growth and development of nations, serving as a significant source of government revenue through taxation, given the constant movement of people, goods, and services. This chapter examines the economic benefits derived from key segments of the transport sector, identifies the risks and threats inherent to its operations, and proposes appropriate loss control and prevention measures to mitigate these risks.

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Risk, Insurance and the Transportation Industry

  • Charles Andoh

摘要

The transport sector encompasses road, water, air, rail, and other modes of conveying people, goods, and services from one location to another. This sector plays a pivotal role in the economic growth and development of nations, serving as a significant source of government revenue through taxation, given the constant movement of people, goods, and services. This chapter examines the economic benefits derived from key segments of the transport sector, identifies the risks and threats inherent to its operations, and proposes appropriate loss control and prevention measures to mitigate these risks.