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In a report focusing mostly on the energy-insurance market, insurance broker Willis took time to discuss the global insurance-pricing cycle, stating a market turn, which many feel is already beginning, is not necessarily guaranteed to occur just yet.

The energy market is difficult to read, says a new report by Marshso much so that one official classified current conditions as a harft market.

The energy market is difficult to read, says a new report by Marshso much so that one official classified current conditions as a harft market.

The energy market is difficult to read, says a new report by Marshso much so that one official classified current conditions as a harft market.

The earthquake in Japan and two other major losses for insurers have put the brakes at least for now on the soft-market pricing trend in the energy-insurance market, says a report from Willis Group.

Experts in the energy field believe insurance market pricing will remain flat for the next 12 months despite early concerns that the Deepwater Horizon spill would drive prices higher.

Aon announced it will hold its 10th Middle East Energy Insurance Conference April 19-21 in Bahrain.

Energy insurance sector prices are being driven down and carrier competition is increasing, the result of record capacity and low losses, a brokerage is reporting.