Upstream insurers to dig in heels over rates in Q4: JLT

A combative round of renewals negotiations looms in the upstream
energy market as carriers vie for increases of as much as 10
percent, according to JLT Specialty's quarterly round-up of the
energy market.
Offshore energy assets in the upstream market escaped almost
unscathed from the hurricane season and upstream insurers in
general have experienced a low loss ratio in the 2017 year of
account, with the full year set to be potentially record breaking
in this respect, JLT said.
The...