Extreme Weather to Pose a Greater Threat on Offshore Energy and Shipping Industries

Fewer maritime losses, but industry facing challenges

The global offshore energy and shipping sectors are under a greater than expected threat from climate change as extreme weather becomes more commonplace warns Chaucer, the specialty reinsurance group. In a new report, ‘Oceanographic climate change: The impact of ocean-based climate change trends’, Chaucer warns that the offshore energy sector – particularly assets such as… Continue reading Extreme Weather to Pose a Greater Threat on Offshore Energy and Shipping Industries