Posted in News on 01 Jul 2021
“Whilst oil prices have returned to pre-pandemic levels, COVID-19 continues to present challenges particularly for risks where on site engineering is required. Rates continue to increase, albeit fractionally, across Upstream and Power whereas Downstream has begun to plateau.”
In our latest Energy, Power & Renewables Insurance Update our specialist energy teams provide their thoughts on the changes in the market in the last quarter. From increased underwriting scrutiny on Loss of Production Income (LOPI) and Control of Well to the impact of a high profile cyber loss we provide a high-level outlook for the remainder of the year across all major energy-related insurance markets.
To read the market update, please click the download box on the right-hand side.
FOR MORE INFORMATION, GET IN TOUCH:
JONATHAN SMITH | MANAGING PARTNER
Direct: +44 (0)20 7204 6186