OIL pulls Gulf of Mexico wind offering
Bermudian specialist energy carrier Oil Insurance Ltd (OIL) has
ceased offering offshore Gulf of Mexico (GoM) designated named
windstorm coverage.
In a statement released last week, OIL said it will continue to
offer windstorm cover for onshore regions in the Gulf of Mexico and
will maintain the offering in all other areas for onshore and
offshore markets.
OIL president and CEO Bertil Olsson said the segment had
experienced reduced membership participation over the last few
years as demand for t
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