Deepwater Horizon: JLT Re View
05 August 2010
In the July/August edition of the Reinsurance Magazine, Alistair Lockhart-Smith, Managing Director of JLT Reinsurance Brokers Limited, discusses the future of offshore energy reinsurance in the aftermath of the Deepwater Horizon loss.
Despite the self-insured status of BP, the majority owner of the Macondo well, the offshore energy insurance industry may be about to undergo radical change as the shockwaves of the disaster reverberate across the oil and gas sector, argues Lockhart-Smith.
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Head of Communications & Marketing, JLT Re