IUMI 2020: Covid-19 hits offshore energy insurance, but market is beginning to harden

Capt. John

The offshore energy insurance sector had been affected by the decline in the oil price, which, despite its recovery since the lows of earlier in the year, was still some 25% below the level when the International Union of Marine Insurance (IUMI) met for its conference in Toronto last year, reported James McDonald at yesterday’s…

The post IUMI 2020: Covid-19 hits offshore energy insurance, but market is beginning to harden appeared first on Insurance Marine News.

Author: Capt. John

https://insurancemarinenews.com/insurance-marine-news/iumi-2020-covid-19-hits-offshore-energy-insurance-but-market-is-beginning-to-harden/

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