Deepwater Horizon disaster not a watershed event for P&C insurance market: Towers Watson

September 2010
Asia Insurance Review;Sep2010, p33
Trade Publication
The article discusses the report of Towers Watson which finds that the Deepwater Horizon disaster net insured losses will not be a major event for the property and casualty insurance industry. Watson discloses that the Gulf oil spill may bring liabilities beyond the insurance limits of the companies directly involved in the disaster. However, Watson believes that the liabilities at Deepwater cannot even match with the losses from the September 11 terrorist attack and from Hurricane Katrina.


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