News Middle East06 Apr 2023

Middle East:Region's energy insurance market expected to grow more prominent

| 06 Apr 2023

The start of 2023 came with the increased cost of reinsurance treaties in the energy insurance market, averaging around 30% (and in some cases more), along with increased retentions for reinsurers in the region, says Mr Andrew Brunero, head of Global Downstream Broking, Natural Resources Global Line of Business at WTW, a leading global advisory, broking, and solutions company.

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