Offshore energy loss - 2. Insurance statistical analysis provided for marine E&D
Offshore energy loss - 2. Insurance statistical analysis provided for marine E&D
- New search for: Kaiser, Mark J.
- New search for: Pulsipher, Allan G.
- New search for: Kaiser, Mark J.
- New search for: Pulsipher, Allan G.
(continued from issue 105(2007)17, pp 39-44) This is the second of three parts on insurance loss statistics and their role in risk management in offshore exploration and development operations. Part 2 is a summery of the scale of insured loss in the offshore energy industry by cause, category, and region using the Willis Energy Loss database. Energy loss statistics play an important role in calibrating and verifying risk management software and are useful to gauge the state of the insurance market. Risk events associated with offshore energy exploration and production occur infrequently but have the potential of generating large losses. Blowouts, design/workmanship, heavy weather, and fire/lightning/explosion represent the largest loss categories for offshore basins across the world.
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Offshore energy loss - 2. Insurance statistical analysis provided for marine E&D
Verluste bei der Offshore-Förderung - Teil 2. Statistische Analysen der Versicherung
Oil and Gas Journal ; 105 , 18 ; 33-38
2007
5 Seiten, 14 Tabellen
Article (Journal)
English
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