Downstream market ‘not out of the woods yet’ as rate rises ease off
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Downstream market ‘not out of the woods yet’ as rate rises ease off

Samuel Casey
20 July 2021
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Downstream energy underwriting sources have warned that the class of business is “not out of the woods yet” as rating increases continue to decelerate following a period of notable hardening since 2018.

Rates in the sector are now increasing at between 10% and 12.5% and the trajectory is downwards, having begun the year at around 20%.

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Topics

Analysis London market Energy Rates
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Samuel Casey
Senior Reporter
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