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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.

Read more: [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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How big would insured catastrophe losses this hurricane season have to be to move reinsurance pricing up?

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$15bn-$30bn
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$30bn-$50bn
37%
$50bn-$75bn
32%
$75bn-$100bn
7%
>$100bn
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