22-12-2016 10:42 via insuranceinsider.com

Husky oil spill loss revised down to C$180mn

Husky Energy has notified the general liability market of a
C$180mn ($134mn) loss from a Canadian oil spill which occurred in
July, The Insurance Insider
understands.
In September, this publication revealed QBE was the lead insurer
on the general liability placement.
At the time, early market chatter suggested loss estimates of as
much as C$500mn, but sources said this figure has since been
revised down due to swift repair work and damage mitigation.
The final loss estimate could in fact...
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