Bolt questions offshore energy underwriters' risk management
Lloyd's underwriting tsar Tom Bolt has fired another broadside at offshore energy underwriters by suggesting he is not convinced they are "robustly managing risks".
The Lloyd's performance management director warned an audience of energy insurers that the regulatory and legal environment has become more onerous post-Deepwater Horizon and underwriters need to adapt to the changes.
Bolt was speaking for the first time since concluding a review into the offshore energy sector and the way the business is underwritten at Lloyd...
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