NU Online News Service, April 23, 1:57 p.m. EDT

Summing up the insurance market for upstream and downstream energy risks, a recent Willis report says a “fragile stability” is prevailing where pricing is flat to slightly up. But Willis says factors such as overall market hardening and the ongoing Euro crisis could create a more challenging market for buyers.

For the upstream energy market, which involves exploration and production, Willis says modest rate increases are the norm.

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