Transocean decides to retain more risk
Drilling contractor Transocean will increase its level of
self-insurance following the huge Deepwater Horizon rig
loss in the Gulf of Mexico (GoM) on 22 April, the company revealed.
The Transocean account is wholesaled into London by Lloyd &
Partners via Aon retail in Houston, and was originally due for
renewal on 1 May.
But a decision was made by the parties concerned to put back the
renewal by a month in the wake of the Deepwater blow out.
The international...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
