Oil insurance risks are growing worldwide

oil insurance news

The situation worldwide is proving that instability doesn’t seem to have any intention of disappearing. While oil insurance has always been a form of coverage in which payouts for claims have traditionally been quite high, the risks associated with that protection are continuing to rise as instability throughout the globe – particularly in drilling countries – increases or refuses to settle. The crisis currently underway in Ukraine is only one reminder of the dangers that are occurring. When it comes to the areas in the world in which companies are…

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Insurance industry and renewable energy go hand-in-hand

green alternative energy insurance industry

The insurance industry may help direct the course of clean energy’s future Renewable energy is becoming more prominent throughout the world. Developing countries are turning to clean energy for the sake of economic growth, while larger countries are looking to use renewable power to cut down on the emissions that they produce through the consumption of fossil-fuels. Renewable energy is poised to become the most important business sector in the world as fossil-fuels begin to fall from favor, and the insurance industry may play a major role in the future…

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