BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Losses force reinsurers to be selective in writing oil, gas business

Middle East oil field pump jack

U.K.-based Willis Towers Watson P.L.C. said that reinsurers in the Middle East are becoming more selective when underwriting oil and gas business for clients due to increasing losses in the region, Middle East Insurance Review reported. The insurance broker said that several local reinsurers and foreign reinsurers' branches have gone into run-off including Germany-based HDI Global's Bahrain branch and Bermuda-based Aspen Reinsurance's and Qatar Reinsurance Co. Ltd.'s Dubai branch.

Read more.