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Japan Earthquake Halts Softening In Energy Market

The earthquake in Japan and two other major losses for insurers have put the brakes at least for now on the soft-market pricing trend in the energy-insurance market, says a report from Willis Group.

By Mark E. Ruquet | Updated on April 18, 2011

The earthquake in Japan and two other major losses for insurers have put the brakes at least for now on the soft-market pricing trend in the energy-insurance market, says a report from Willis Group.

According to the Willis Energy Market Review, released during the firm’s North American Energy Conference in San Antonio, Texas, insurers are reassessing their positions and taking stock of the losses they have endured during the first quarter of this year.

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