Oil & Energy
Oil & Energy
This insurance covers all business underwritten by the insurance company whether direct, by way of co-insurance, facultative reinsurance in respect of Oil & Gas related business and classified by the insurance company as;
- Energy Onshore & Offshore (Upstream only)
- Energy related Construction (including Liabilities)
- Operators Extra Expense (Control of Well/Redrilling Expenses/Seepage & Pollution.
- Business Interruption/Loss of Production Income written in conjunction with Physical Damage/ Asset policies
- Energy Package Policies
- Third Party Liabilities written only in conjunction with Physical Damage/ First Party Occupancy Risks
- Joint Venture Package Policies
- FPSO Vessels/Offshore Pipelines/Subsea Equipment
- Mobile Drilling Units both Onshore and Offshore
| Description | Underwriting Limits |
|---|---|
| OIL & GAS | USD 50 Million |
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