October 27th, 2010
ExcEED Expectations for Deepwater Drilling Coverage
Posted at 5:00 AM ET
Ed Sweeney, Executive Vice President
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The Deepwater Horizon event is likely to cause insured losses of at least USD1.5 billion, if indemnities hold, and USD3-4 billion if they do not. There is unquestionably an increased focus among industry participants on the financial and social risks of deepwater drilling and production.
