All the headlines from our Energy Topic Page, ordered by recency.
Aug 12 2004 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Oil Casualty Insurance Ltd. (OCIL) to ‘A-‘ from ‘A’, while...
Mar 22 2004 // Bermuda-based Oil Insurance Limited announced that its overall 2003 performance was strong, both in terms of underwriting and investment results. The Company reported net income of $420 million.“Prior to general and...
Feb 6 2004 // Electricité de France (EDF), the government owned-electric utility, has joined the Bermuda-based mutual energy insurance group Oil Insurance Limited (OIL) effective Jan.31, 2004. The EDF, which supplies electricity,...
Oct 16 2003 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘A+’ long-term counterparty credit and financial strength ratings and its ‘A-‘ subordinated debt rating on Oil...
Oct 9 2003 // The Strategic Research Institute announced that its Insurance & Risk Management in the Oil & Gas Industry conference, to be held Oct. 27, 2003 at the Crowne Plaza Houston in Houston, Texas, will feature an inside...
Sep 22 2003 // The Strategic Research Institute will hold a one-day seminar on “Insurance & Risk Management in the Oil & Gas Industry” in Houston on Oct. 27. Specific areas to be covered are: Making your company...
Sep 12 2003 // The Strategic Research Institute announced it will hold a one-day intensive seminar on “Insurance & Risk Management in the Oil & Gas Industry” in Houston on Oct. 27. The seminar addresses the problems...
Aug 13 2003 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘A+’ counterparty credit and financial strength ratings on Oil Insurance Ltd. (OIL) with a negative outlook, and has removed them...
Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...
Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...
Apr 16 2003 // The Alliance of American Insurers (AAI) is opposing passage of a bill heard Tuesday by a Massachusetts legislative panel that would add fuel spill coverage to the standard homeowners insurance policy.HB 1961 mandates that...
Mar 19 2003 // Insurance issues will be at the forefront of topics at the 8th Annual Conference on Contract Risk Management for the Oil & Gas Industry to be held in Houston Apr. 28 & 29.According to the Strategic Research...
Feb 7 2003 // A. Bilbrough & Co., the managing agents of the London Protection and Indemnity Club, the marine insurers that issued coverage for the oil tanker Prestige, have posted a 3 million Euro ($3.24 million) bond for the...
Dec 13 2002 // sEnergy Insurance Ltd., a mutual insurance company established in Bermuda in May 2002 by a group of twelve international energy companies to provide large limits of coverage for business interruption and excess physical...
Dec 2 2002 // An estimated 9000 tons (2.4 million gallons) of heavy fuel oil, discharged from the sunken tanker “Prestige,” was poised to wash up on the beaches of Spain’s Northwestern Coast beginning today.Some of the...
Nov 21 2002 // The London market faces the majority of claims related to the sinking of the “Prestige” off Spain’s Galician coast and the related oil spill, which threatens the livelihood of many in the region.The...
Nov 20 2002 // Even before the oil tanker “Prestige” went to the bottom of the Atlantic off the Spanish coast yesterday, calls were being made for a reexamination of the laws governing international shipping, especially for...
Oct 28 2002 // Standard & Poor’s Ratings Services affirmed its “A+” counterparty credit and financial strength ratings on OIL Insurance Ltd. (OIL) and removed the ratings from CreditWatch negative where they were...
Oct 7 2002 // Authorities are examining the circumstances surrounding the explosion and fire that ripped through the French supertanker Limburg on Sunday morning in the Gulf of Aden off the coast of Yemen. While all but one of the crew...
Sep 14 2002 // Nuts & Bolts: Zurich North America’s Environmental Group has launched its Home Environmental Protection program, which protects homeowners with residential fuel oil tanks. The coverage complements traditional...