Insight and Intelligence on the Global Facultative Markets

22 February 2012

2011 upstream energy losses set to reach $3bn

13 January 2012

While the upstream energy market experienced a largely catastrophe-free year in the absence of a major US windstorm event in the Gulf of Mexico, recent significant risk losses have increased the sector's total to nearly $3bn in 2011, Inside FAC understands.

Windstorm Dagmar could have pushed this figure even higher in December, but ultimately caused only limited disruption to oil and gas output in the Nordic region, according to catastrophe modelling firm AIR Worldwide.

Dagmar ripped across Norway, Sweden and...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share: This article was published as part of issue January 2012/2

Insider Publishing Limited - 2nd Floor Asia House, 31-33 Lime Street, London, EC3M 7HT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2012. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π