Upstream market dodges FPSO hijacking loss
The upstream energy market is unlikely to face a claim for the hijacking of a floating production, storage and offloading (FPSO) vessel off the coast of Nigeria earlier this month.
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MARKET PROFILE: Argentina
Argentina has had a difficult 2020, following the ninth default in the country’s history. David Benyon assesses the impact of this plus Covid-19 on the (re)insurance sector
MARKET PROFILE: Germany
German cedants are increasingly looking to facultative reinsurance as a more reliable way of easing the loss burden, writes Helen Yates
SECTOR PROFILE: A&H
From a hospital case, with declining profitability and worsening claims, the A&H market is returning to good health, with rates having firmed since the onset of Covid-19, writes Helen Yates
SECTOR PROFILE: Trade credit
The coronavirus pandemic has caused the sharpest economic downturn in living memory, prompting governments to backstop the trade credit market against systemic risk. David Benyon reports
A sailor’s life