GULF OF MEXICO INSURANCE

摘要

The devastation hurricanes Katrina and Rita caused to Gulf of Mexico energy operations is well documented.Losses to the offshore oil and gas industry from Katrina alone are estimated at about 5 billion.This includes Oil Insurance Ltd.(OIL),commercial insurance market,and assured retention losses.In contrast,energy insurers took in about 800 million in premiums on Gulf risks in all of 2005.The hurricane losses represent a watershed event for the energy industry-and for carriers that insure and reinsure energy risks.