Energy insurers discriminating in favour of differentiated risks
The energy market recorded its worst ever year for non-windstorm losses in 2011 with close to $9bn in combined insured and uninsured total losses, according to Willis' Energy Market Review.
The worst year in recent memory for the energy market, excluding windstorm losses, followed unusually large losses in the Canadian Oil Sands and Floating Production Storage and Offloading sectors.
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