Blogger Archives: Robin Somerville

Robin Somerville

Robin is the Communications Director for the Willis Towers Watson's Natural Resources Industry Group and is based in London. With more than 30 years' experience in the global insurance markets, he has focused on providing specialist natural resources insurance intelligence since 1996. He is the editor of the annual Willis Natural Resources Market Review, and blogs about insurance market developments and risk management issues within the natural resources arena.

Six reasons why the mining industry outlook remains uncertain


Last September we released our first Mining Risk Review as Willis Towers Watson. We entitled the review “Dealing with Uncertainty” – but on the eve of our North American Mining Conference in Toronto next week, what exactly are these uncertainties? … Continue reading →

Creating Value in an Economic Downturn – A Risk Management Opportunity?

Everyone knows that the energy industry remains firmly locked in a major downturn – regardless of the recent slight rally in oil prices. But in these gloomy trading conditions, are there opportunities for energy industry risk managers to add real … Continue reading →

Cheapest Ever Insurance Prices: Surely That’s Good News For The Energy Industry?

Energy companies are under the strongest of pressure to cut costs as much as possible in this challenging business environment. So no doubt they are delighted to read in our latest Energy Market Review that insurance market capacity is up, … Continue reading →

Five Areas of Real Concern for the Energy Industry

This year the energy industry is facing possibly its greatest challenge in 50 years as oil prices plunge and inventories reach record levels.  For the foreseeable future, Capex discipline and operating cost reductions are going to be primary drivers for … Continue reading →

Asian Energy Clients to Insurers: Innovate to Survive!

Insurers are facing a dwindling premium income pool and must innovate if they are to survive today’s competitive market environment and provide the kind of solutions required by today’s energy industry. That was the unequivocal message delivered by delegates at … Continue reading →

2016 – All Gloom and Doom for the Global Upstream Energy Insurance Market?

oil derricks at dusk

As the last stamps go down on the few remaining insurance programmes renewing at January 1 2016, most upstream energy underwriters continue to be filled with apprehension as they reflect on the business outlook for their industry in 2016. Continue reading →

Are There Smarter Ways for Latin American Mining Companies to Save Money?

Latin American mines

Could Latin American mining companies save money by adopting more sophisticated risk management strategies? Continue reading →

Why is Today’s Energy Underwriting Landscape so Bleak?

oil platform at sunset

Many of the factors that make up today’s bleak underwriting landscape for energy insurers are interrelated and can be summarised as follows.  Continue reading →

Using a Broker as a Sophisticated Risk Partner: 3 Energy Risk Managers Speak Out

energy risk managers

Energy companies around the world are increasingly adopting more sophisticated approaches to managing their risk.  No longer is simple insurance purchase the key driver of their risk management strategy; instead they are increasingly using captive insurance companies, adopting more sophisticated … Continue reading →

Our Scariest Energy Risk – Geo-Political Disruption to Oil Supplies

Scariest risks 2014

From an energy industry perspective, the dual geo-political threat of disruption to oil supplies from both Russia and the Middle East is in many ways the ultimate scary risk. Clearly, the main impact on the energy industry would be on … Continue reading →

Posts by Author in Portuguese:

Energy: cinco áreas de preocupação para a indústria

Este ano a indústria de energia está enfrentando possivelmente o seu maior desafio em 50 anos com a queda nos preços do petróleo e estoques atingindo níveis recordes. Para o futuro próximo, disciplina e redução de custos operacionais e de … Continuar lendo →

Existem maneiras mais inteligentes para as empresas de mineração da América Latina economizarem?

Latin American mines

Será que empresas latino-americanas de mineração conseguiriam poupar dinheiro, por meio da adoção de estratégias de gerenciamento de risco mais sofisticadas? Nas cidades de Lima e Santiago, a Willis foi palco para um Seminário de Mineração da América Latina no … Continuar lendo →

Cinco Perguntas Principais respondidas pela nossa Análise do Mercado de Energia em 2013

Energy Pipes

Acabamos de publicar nosso Energy Market Review para 2013, com muito material interessante do montante, jusante, construção, de mercados de terrorismo e responsabilidade. Continuar lendo →

Mercados de Seguros de energia Desafia Leis Econômicas

Uma das características mais estranhas do mercado de seguros de energia que abordamos na Análise do Mercado de Energia 2012, lançada recentemente, é como o mercado está, aparentemente, desafiando as leis básicas da economia. Estes indicam que um aumento na … Continuar lendo →

Posts by Author in Spanish:

Cinco Motivos de Preocupación para la Industria Energética

Este año, la industria de energía se enfrenta a su mayor desafío en los últimos 50 años, ya que los precios del petróleo se hunden y los inventarios alcanzan niveles sin precedentes. En el futuro previsible, la disciplina Capex y … Sigue Leyendo →

¿Existen maneras más inteligentes de ahorrar dinero para las empresas mineras en América Latina?

Latin American mines

¿Pueden las compañas mineras en américa Latina ahorrar dinero tras adoptar estrategias de administración de riesgos más sofisticadas? La semana pasada en Santiago y en Lima, Willis promovió nuestro seminario Inaugural de la minería en América Latina, donde un grupo … Sigue Leyendo →