Liability Risk and Insurance
Product recall
European product recalls continue to grow
According to Sedgwick brand protection’s latest Recall Index European Edition for Q1 2024 report, European product recalls surpassed 3,000 events for the fourth consecutive quarter. The 3,532 recalls marked a 10.4 per cent increase from the previous quarter and is the highest level of recall activity in a single quarter for more than 10 years. There were 3,532 product recalls across five key European industries during Q1 2024.