offshore energy insurance market

• #5: BP Oil Disaster Breaks Records, Puts Spotlight On Risk Management Failure

  By Caroline McDonald, PropertyCasualty360.com  |  December 20, 2010

  The explosion of the Deepwater Horizon oil rig in the Gulf of Mexico on April 20 left 13 dead and 17 injured, leading to a massive oil spill and environmental disaster.

• Oil Spill-Driven ILW Price Hikes Could Spread To Re Market, Exec Warns

  By Susanne Sclafane, PropertyCasualty360.com  |  July 5, 2010

  Although reinsurers cut prices for June 1 renewals, one Bermuda-based executive speculated that price hikes in the insurance loss warranty market--fueled by the Deepwater Horizon disaster--could eventually spread to the reinsurance market.

• Are Wholesaler Commissions At Risk In Ongoing Soft Market?

  By Susanne Sclafane, PropertyCasualty360.com  |  June 28, 2010

  Retail brokers may start seeking larger cuts of the commissions paid out on surplus lines transactions as the soft market continues, a specialty lines insurance executive suggested recently.