Downstream energy market ‘begins to turn in buyer’s favor’: WTW
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Downstream energy market ‘begins to turn in buyer’s favor’: WTW

Rachel Dalton
April 05, 2022
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After three years of “uncomfortable” rate increases for downstream energy insurance buyers, the “tide has finally begun to turn in the buyer’s favor”, according to a WTW report.

In its 2022 Energy Market Review, the intermediary noted that as of Q2 this year, more capacity has been deployed in the downstream energy market, following a period characterized by moderate losses and improved profitability for carriers.

Carriers

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Rachel Dalton
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