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Oil firms will see lower cost of cover: Marsh
01 February 2010
The world’s national oil companies could benefit from lower costs of risk in the next few years as a result of a lack of natural catastrophes, plentiful insurance capacity and more sophisticated risk management techniques.
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[national oil companies]
[NOCs]
[Marsh]
[energy]
[Jim Pierce]
The world’s national oil companies could benefit from lower costs of risk in the next few years as a result of a lack of natural catastrophes, plentiful insurance capacity and more sophisticated risk management techniques.
Insurance broker Marsh says national oil companies’ insurance costs could be up to 20% less for both...
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