The energy sector is feeling the heat from spiralling casualty rates in other industries
An oil rig off the coast of Norway may seem an unlikely victim of social inflation...
- Insurance Insider / Article / 22 days ago
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Upstream market ready to turn in 2020: Marsh JLT
Rates in the upstream energy market could begin to accelerate more meaningfully in 2020 after a lacklustre growth in the fourth quarter, according to a report from Marsh JLT Specialty...
- Insurance Insider / Article / 25 days ago
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Marsh warns of impact of social inflation on energy liability rates
Marsh JLT Specialty has warned of rate contagion from the wider liability market to the energy casualty sector, partially owing to spiking jury awards, even though the much of...
- Insurance Insider / Article / 25 days ago
- www.insuranceinsider.com
Downstream energy correction ‘relentless’ in Q4: Marsh JLT Specialty
Downstream energy rates rose 25 percent and more in the fourth quarter amid a “relentless” pricing correction, according to Marsh JLT Specialty...
- Insurance Insider / Article / 26 days ago
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Swiss Re Corporate Solutions has pulled out of lead umbrella, excess casualty and energy casualty business in the US as its broad-based remediation drive continues, The Insurance Insider can reveal...
- Insurance Insider / Article / 3 months ago
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Greenpeace activists protest at Baden-Baden conference
Greenpeace activists are protesting in Baden-Baden to demand reinsurance companies gathering for the annual conference curb fossil fuel underwriting and investment...
- Insurance Insider / Article / 3 months ago
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Ironshore curbs energy property appetite
Ironshore has reduced the energy property business it writes as part of a restructure at its parent company Liberty Mutual, The Insurance Insider can reveal...
- Insurance Insider / Article / 3 months ago
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GC London property and energy fac head Mayes resigns
Neil Mayes, managing director and head of London property and energy at Guy Carpenter’s facultative reinsurance operation GC Fac, has resigned...
- Insurance Insider / Article / 3 months ago
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Benign loss period masks premium inadequacy in upstream market
A prolonged period of benign catastrophe losses has allowed the upstream energy market to remain profitable, despite a dramatic reduction in premiums and a surge in capacity...
- Insurance Insider / Article / 4 months ago
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Axa XL appoints insider as UK energy head
Axa XL has appointed Peter Welton as UK head of energy to replace Luis Prato, who was promoted to CUO of UK legal entities in September...
- Insurance Insider / Article / 4 months ago
- www.insuranceinsider.com