Soaring oil and gas prices create gaps in insurance coverage: Lockton
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Soaring oil and gas prices create gaps in insurance coverage: Lockton

Giovanna Bellotti Azevedo
October 14, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Pumpjack oil derrick and refinery plant in West Texas.jpg

Insurance limits may no longer reflect the value of assets handled by oil and gas companies, as a market driven by constrained supply and rapidly growing demand has inflated asset values, Lockton said.

If not addressed in insurance policies, the price surge could leave some players in the energy sector uninsured as values exceed insurance limits.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsEnergyLockton
Giovanna azevedo headshot new.jpg
Giovanna Bellotti Azevedo
Editor
Gift this article