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Energy insurance: mutual attraction

Authors :
Mundy, Chris
Source :
Petroleum Economist. Nov, 1992, Vol. 59 Issue 11, p52, 1 p.
Publication Year :
1992

Abstract

Self-regulated energy industry mutuals with environmental liabilities are the only solution to the complex problem of ensuring the oil industry. The energy industry needs a mutual for environmental hazards that will provide and require large funding. Adequate environmental engineering standards will be needed. Moreover, benefits could offset cost reduction and expansion schemes and could be utilized by members of the mutual rather than the insurers.<br />Everyone knows how it is. People meet. They realise how much they have in common -- particularly in contrest to others. Their interests are similar. They understand each other. They [...]

Details

ISSN :
0306395X
Volume :
59
Issue :
11
Database :
Gale General OneFile
Journal :
Petroleum Economist
Publication Type :
Periodical
Accession number :
edsgcl.13531724