Soaring oil and gas prices create gaps in insurance coverage: Lockton
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Soaring oil and gas prices create gaps in insurance coverage: Lockton

Giovanna Bellotti Azevedo
14 October 2021
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Pumpjack oil derrick and refinery plant in West Texas.jpg

Insurance limits may no longer reflect the value of assets handled by oil and gas companies, as a market driven by constrained supply and rapidly growing demand has inflated asset values, Lockton said.

If not addressed in insurance policies, the price surge could leave some players in the energy sector uninsured as values exceed insurance limits.

The

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Giovanna Bellotti Azevedo
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