 The energy industry has never been more central on the world stage. Fundamental shifts of ownership, wealth, risk, and commodity price are being driven by the imbalance between global supply and demand. Amidst this turbulent environment, emerge new risks and opportunities.
Marsh’s Energy Practice is at the forefront of advising energy companies on risk and insurance issues affecting operational success. Worldwide, our 300 plus professionals are primarily organised around two speciality product lines; upstream energy, and downstream energy, offering a deep understanding of industry issues within these segments.
This wealth of expert knowledge is augmented by market leading risk engineering, project risk management, and claims services. These solutions come from our access to, and relationships with, global insurance markets in London, Continental Europe, North America, Asia, and the Middle East. By leveraging global market capacity, we can deliver optimum terms and conditions to our clients.
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May 20, 2011 | Views: 497 | Comments: 0
Listen to the replay of our May 18, 2011, New Reality of Risk Webcast. Read More...
April 27, 2011 | Views: 479 | Comments: 0 |
Even as recent developments portend upward movement in rates for risks subject to natural catastrophe losses, overall marketplace capacity remains plentiful. Read More...
February 06, 2012 | Views: 17 | Comments: 0
We explore energy risks in the context of the global macro-risk picture, evolving high-level energy risk trends, and provide insights into risk mitigation techniques. Read More...
January 25, 2012 | Views: 176 | Comments: 0
This publication is a synopsis of presentations made at Marsh's fourth annual Client Conference in London, 6 December 2011. Read More...
December 09, 2011 | Views: 157 | Comments: 0 |
Welcome to the December issue of Green and Greener News (GGN), Marsh’s renewable power and cleantech newsletter.This issue is published at a time of continued economic uncertainty ... Read More...
November 03, 2011 | Views: 410 | Comments: 0
There is no doubt that we have entered into a period where the energy market is more challenging, more difficult to read, where the fundamentals still point to a soft environment, ... Read More...
July 12, 2011 | Views: 568 | Comments: 0 |
Much of this issue of our Loss Control Newsletter is dedicated to process safety issues. The importance of process safety becomes clear when studying losses within the energy indus... Read More...
July 06, 2011 | Views: 681 | Comments: 0
There have been numerous incidents in the oil, gas and petrochemical industry involving atmospheric storage tanks. Data has been compiled by a reputable operator in the USA that in... Read More...
July 06, 2011 | Views: 602 | Comments: 1 |
The potential for major fires in any installation that handles large quantities of hydrocarbon products is self-evident. There have been numerous large damaging fires over the year... Read More...
May 26, 2011 | Views: 1205 | Comments: 0 |
A replay of our New Realilty of Risk Webcast covering supply chain resiliency. The devastating earthquake, tsunami, and nuclear events in Japan were only the latest in a string of ... Read More...
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Views: 822 | Comments: 0 |
The Benchmarking Portal's rapidly growing database contains information on nearly 90,000 policies covering $US50 billion in premium placements, $US4 trillion in limits, and $US15.5... Read More...
Views: 439 | Comments: 0 |
Bowring Marsh’s global Casualty team comprises more than 60 dedicated brokers located in Bermuda, Dublin, Hong Kong, London, Miami, São Paulo, Singapore, Tokyo and Zurich. Our glob... Read More...
Views: 648 | Comments: 0 |
CS STARS LLC, a business unit of Marsh, serves the technology needs of risk management professionals, as well as insurance carriers and third-party administrators — delivering inte... Read More...
Views: 775 | Comments: 0 |
The Energy Insurance and Risk Management Course – Intermediate LevelThe courseThe course covers the principles of energy insurance relating to risk management issues, which will gi... Read More...
Views: 955 | Comments: 0 |
Our suite of 2012 training courses to ensure energy industry stakeholders are well placed to handle the latest trends. Read More...
Views: 400 | Comments: 0 |
Wind speeds are a source of uncertainty as they vary significantly by time of day, week, month, season and year. The Weather and Energy Specialty Products group structures and plac... Read More...
Views: 562 | Comments: 0
Marsh has served as a trusted risk advisor for many of the world’s offshore wind energy projects. Working directly with wind industry developers, operators, manufacturers, contract... Read More...
Views: 443 | Comments: 0 |
In today's world of volatile and diminishing traditional energy resources, the renewable energy industry is rising to the fore. As the world's leading insurance broker and strategi... Read More...
Views: 477 | Comments: 0 |
The high project costs associated with offshore wind projects, coupled with a risk profile characterised by numerous unknowns is a major concern for a project stakeholder’s financi... Read More...
Views: 305 | Comments: 0 |
Marsh’s Energy Practice is at the forefront of advising energy companies on risk and insurance issues impacting operational success. Since entering into a mutually exclusive corres... Read More...
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May 24, 2011 | Views: 924 | Comments: 0 |
London, 24 May 2011 – Despite an unprecedented number of recent natural catastrophes, conditions remain favourable for most energy insurance buyers, according to Marsh. Read More...
March 14, 2011 | Views: 811 | Comments: 0 |
Eleven reactors at four sites near Japan’s northeast coast were shut down per seismic emergency procedures, following the 9.0 magnitude that struck last week. Read More...
March 11, 2011 | Views: 891 | Comments: 0 |
The global regulatory environment has hanged substantially, particularly in relation to insurance requirements and premium taxes changes. Read More...
August 06, 2010 | Views: 566 | Comments: 0
Major losses sustained in the Gulf of Mexico will not have the same market-changing impact on the upstream energy insurance market as other major events such as Hurricane Katrina, ... Read More...
July 02, 2010 | Views: 595 | Comments: 0 |
The April 20, 2010, fire and explosion of the Deepwater Horizon Offshore Drilling Unit and the ensuing oil discharge (the "Deepwater Event") has caused significant damage along the... Read More...
June 30, 2010 | Views: 480 | Comments: 0 |
Tropical Storm Alex, the first named storm of the 2010 Atlantic hurricane season, is projected to reach Category 2 status (sustained winds around 110 miles per hour) before making ... Read More...
May 27, 2010 | Views: 493 | Comments: 0 |
The millions of gallons of crude oil that have been released in the Gulf of Mexico may have potential property and machinery risk implications. Read More...
May 25, 2010 | Views: 1078 | Comments: 0 |
Marsh chairman and CEO Dan Glaser described the multiple challenges facing the risk management and insurance communities in a recent speech to insurance industry leaders at InsideS... Read More...
May 13, 2010 | Views: 513 | Comments: 0 |
More than 200,000 gallons of oil have been released daily into the Gulf of Mexico, following the offshore oil drilling rig explosion on April 20. Read More...
April 26, 2010 | Views: 557 | Comments: 0
New research reveals that only a small proportion of the world's National Oil Companies (NOCs) own and operate their own insurance vehicles. Read More...
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February 07, 2012 | Views: 11
Marsh’s report, The Energy Industry: An Evolving Risk Landscape, cites cross-border expansion and resultant regulation, ageing infrastructures and increasingly complex supply chain... Read More...
February 06, 2012 | Views: 83
Many NOCs have inconsistent and insufficient risk strategies arising from their approach to governance and controls. Read More...
February 05, 2012 | Views: 32
The 22nd edition of Marsh’s report, The 100 Largest Losses, details the most significant property damage losses in the global hydrocarbon industry since 1972. Read More...
January 25, 2012 | Views: 234
Insurance rates for businesses with exposure to natural catastrophe risk and supply chain perils are expected to continue increasing in 2012 across Europe, the Middle East and Afri... Read More...
January 12, 2012 | Views: 325
Marsh today announced the appointment of Vincent C. Marrot as Global Leader, Energy Engineering and Leader of Construction Engineering in Marsh’s International Division. In this ne... Read More...
January 10, 2012 | Views: 280
Stringent new legislation relating to the management and insurance of plants dealing in hazardous materials in the Russian Federation is set to have far-reaching implications for c... Read More...
December 14, 2011 | Views: 579
Marsh Conference to Address Globalisation and Natural Catastrophe Risks
Operating across international borders and ‘mega catastrophe’ risks rank among the greatest c... Read More...
December 09, 2011 | Views: 405
Substantial investment in renewable power across Europe, the Middle East and Africa (EMEA) is being fuelled by consumer demand for cleaner sources of power generation and increasin... Read More...
November 15, 2011 | Views: 499
Excess capacity and continuing competition among insurers mean that buying conditions remain favourable for many energy firms in the final quarter of 2011. Read More...
September 26, 2011 | Views: 493
In order to meet the specific insurance requirements of oil rig drilling contractors operating in Iraq, Marsh and Anglo Arab Insurance Brokers (AAIB) today announced the launch of ... Read More...
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