2019 Major Upstream and Downstream Energy Losses

02 July 2019

2019 energy losses (physical damage and operator’s extra expense but excluding third party liabilities) of USD 10mm or more that we are aware of at the time of writing are as follows.

We also show the total of all claims under USD 10mm (with a minimum claim USD 1mm) to give an overall total for the year so far.

Major energy upstream Major energy downstream
  • TALK TO AN EXPERT

  • DOWNLOAD AND SHARE

  • John CooperJohn Cooper

    John joined JLT in 1987 having spent three years with Leslie & Godwin (now Aon) in the Marine Hull Technical Department.

    John gained extensive knowledge in the technical design and servicing of energy related insurance programmes covering physical damage, business interruption, control of well and liability exposures for a wide spectrum of energy clients including oil & gas lease operators, mobile rig contractors, oil & gas service companies, and major integrated oil companies.

    At JLT Risk Solutions John sat on the "Energy Executive Committee" that oversaw the management and strategy of the Energy Business Unit. In January 2005 John moved from JLT Risk Solutions to Lloyd & Partners where he has responsibility for managing the Energy team. He sits on the Energy & Marine Executive Committee and is a strategic advisor to the LPL Board.

    He is also a broker consultant representative to the London Joint Rig Committee and has worked on a consultancy basis with Oil Insurance Limited (OIL). In the combined Marsh JLT Specialty, Energy and Power team, John now performs the role of Global Chief Client Officer.

    If you would like to talk about any of the issues raised in this article, please contact John Cooper, Global Chief Client Officer on +44 (0)20 8108 9542.

  • For more articles like this, download our

    Share this article