Energy
-
Clients face under-insurance for BI if their coverage is not adjusted to reflect energy price rises. -
The Peruvian government is suing Spanish oil company Repsol over the January incident which affected 700,000 residents.
-
Helmed by former Aon global energy chief Bill Farnan, the Houston-based company sees AN opportunity as public companies lean away from oil and gas.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The scale of the claim deals a substantial blow to the subsection of the energy market, but is not as large as first feared.
-
The broker said there was “genuine pressure” for downstream rate reductions, whilst renewable rate rises were single digit.
-
Dunbar’s appointment will enable the company to further enhance its exceptional client service and spearhead new business initiatives.
-
The CPI rose 1.2% in March from a month earlier, the Labor Department said Tuesday, accelerating from February’s 0.8%.
-
Large energy property damage losses in 2020-21 saw a significant reduction, accounting for a total of $500mn across the two years.
-
The executive said the Ukraine conflict was an example of how the industry had come to over-optimise models.
-
The intermediary said capacity for downstream energy has now returned to 2017 levels.
-
The potential for major deterioration on a 2019 loss could yet prove “devastating” for the market.
Related
-
Arch Insurance makes senior casualty promotions
January 16, 2025 -
FIT launches report on insurance-specific guidance for transition plans
November 14, 2024