Insight and Intelligence on the Global Facultative Markets

5 February 2012

Fasten your seatbelts

14 May 2010

Dear Reader,

As April drew to a close the offshore energy market was distinctly nervous, with a number of key accounts in the Gulf of Mexico (GoM) coming up for renewal in the run-up to the official start of the US wind season on 1 June.

The fears were that the pattern of self-insurance witnessed the previous year would be repeated, and as such rate reductions in the 15-20 percent range were being talked about (with even greater reductions of...

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