Profitable upstream market ‘perfectly balanced’, but uncertainty persists: WTW
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider US is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Profitable upstream market ‘perfectly balanced’, but uncertainty persists: WTW

WTW logo upstream energy 2.jpg

Dynamics in the upstream energy market are “perfectly balanced” in 2022, as ongoing profitable conditions compete against underwriter concerns about attritional loss activity and the potential deterioration of a major claim in 2019, according to a report from WTW.

The broker said upstream capacity reached another record level for 2022 of $9.4bn, up from $9.25bn in 2021, although WTW estimates that the maximum realistic capacity that can be accessed is $7.1bn,

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article