Insight and Intelligence on the Global Facultative Markets

19 May 2012

QBE leads on Jupiter loss

15 April 2011

QBE's O'Farrell Syndicate 1036 is understood to lead part of the insurance programme for the floatel Jupiter, which could cost the offshore market in excess of $160mn after the platform partially sunk on 12 April, Inside FAC can reveal.

It is understood that the programme in question is placed by Willis on behalf of the offshore management company Polycrest.

The accident occurred on the high seas in the Gulf of Mexico (GoM) some 50 miles from Ciudad del Carmen, a...

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