Macondo slugs insurance rates

Global insurance broker Willis Group Holdings has warned the losses of the semi-submersibles Deepwater Horizon and Aban Pearl have left upstream energy insurers with $795 million in claims within the space of a single month, driving up rates.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?