Downstream continues to soften despite losses equalling premium: Willis
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Downstream continues to soften despite losses equalling premium: Willis

Loss activity in the upstream market remains benign, adding to softening.

By Samuel Casey
November 18, 2025
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The downstream energy market has suffered claims in the region of $4.0bn-$4.5bn this year, and, whilst rates remain soft, the loss activity is keeping the market from entering “freefall”, according to a report from Willis.

Nonetheless,

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