News analysis: Will the Deepwater Horizon oil rig losses dent reinsurer capital?
With Swiss Re estimating insured losses of up to $3.5bn, the Deepwater Horizon oil rig disaster could become the largest loss the energy market has witnessed since the Piper Alpha explosion in 1988. Katherine Blackler investigates.
In its first-quarter results, Catlin - as well as outlining its $40m exposure to Deepwater Horizon - said that it anticipates the scale of the loss will have a positive impact on pricing and demand
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