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Offshore energy costs to increase "modestly"
28 July 2010
Large losses sustained in the Gulf of Mexico will not have the same market-changing impact on the upstream energy insurance market as other events such as Hurricane Katrina, according to a new report published by Marsh.
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hurricane katrina
marine
energy
marsh
Jim Pierce
deepwater horizon
Large losses sustained in the Gulf of Mexico will not have the same market-changing impact on the upstream energy insurance market as other events such as Hurricane Katrina, according to a new report published by Marsh.
Following Hurricane Katrina, the market experienced great reductions in capacity and subsequent rate hikes. However, in its latest Energy Market Monitor, Marsh reports that...
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