Rate growth sluggish in Gulf of Mexico as oil companies suffer
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Rate growth sluggish in Gulf of Mexico as oil companies suffer

Samuel Casey
01 June 2020
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Offshore drilling rig at sunset

Rates on upstream energy accounts in the Gulf of Mexico renewed flat to up 5 percent at the key 1 June renewal date, with some insureds forced to restructure programmes to decrease their overall spend as the oil price crash hits company balance sheets.

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Samuel Casey
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