Downstream energy sector suffers worst loss in nearly a decade
The downstream energy sector suffered its worst loss record for nearly a decade in 2017 with low rating levels exacerbated by one of the worst catastrophe loss years on record.
According to analysis from Willis Towers Watson, downstream energy insurers were subject to the worst loss year for nearly 10 years with losses totalling over $5.5bn over 2017.
The downstream market
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