Insurance and Legal Issues in the Oil Industry : International Energy and Resources Law and Policy - David Dezhi Peng

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Insurance and Legal Issues in the Oil Industry

By: David Dezhi Peng

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Hardcover | 1 September 1993

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This work offers a thought-provoking overview of the oil and gas insurance market. It addresses market credits, how oil and gas insurance products developed and their function, and analyses the types of claims and litigation arising and alternative means of dispute resolution. Relevant EC Directives and their impact on placing oil and gas contracts are examined, as are approaches to mutual indemnities in North Sea Contracts. In the context of the increasing magnitude and sophistication of the international oil and gas industry and the critical role of risk management, this work is an important addition to the literature, written by leading underwriters, brokers, lawyers, insurance managers and loss adjusters from around the world. It is based on work organised by the Centre for Petroleum and Mineral Law and Policy, Dundee University.

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Foreword
Introduction
An Underwriter's View	p. 3
A Broker's View	p. 13
A Buyer's View	p. 31
Market Credit for Loss Prevention in the Petrochemical Industry	p. 55
Managing Oil Insurance under a Hardening Market Condition	p. 65
P and I Insurance of Supply Vessels and Drilling Rigs	p. 73
Offshore Construction Insurance - What is it all About?	p. 87
The Adjusting of Oil Well Insurance Claims	p. 103
Limitation of Claims in Offshore Oil Contracts	p. 121
Litigation of Oil and Gas Insurance - Why is it Rare in Practice?	p. 137
Mutual Indemnities in North Sea Contracts - Liability and Insurance Clauses	p. 155
Impact of EEC Directives on Oil and Gas Insurance	p. 179
Index	p. 213
Table of Contents provided by Blackwell. All Rights Reserved.

Insurance and Legal Issues in the Oil Industry

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