OIL AND GAS RISKS INSURANCE
The Coverage
Comprehensive coverage is provided against risks, such as the loss of production/business interruption and associated liabilities. The cover is provided for the entire upstream and downstream hydrocarbon value chain.
Upstream risks
Insurance Policy covers the risks of physical loss/damage, loss of production/business interruption, control of well, construction all risks and delay in startup.
Downstream Risks
The coverage is provided for the refineries, petrochemical plants, gas processing and LNG operations, pipelines and storage/terminal operations, and other downstream assets, against the financial impact of physical damage/loss – and against loss of revenue following an insured event.