OIL increases per occurrence limit to $225 m

By David Marchant

29 years ago

Topics

Bermuda Insurance

Keywords

Bermuda-based mutual insurer Oil Insurance Ltd. intends to increase its basic per occurrence limit from $200 million to $225 million, the firm has announced.It is one of several initiatives that the firm’s president and chief executive officer, Doyle Stephens, said “are intended to make OIL more attractive to a broader market, increase its flexibility and its value to the existing customer base”.

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