Blogger Archives: Robin Somerville

Robin Somerville

Robin is the Communications Director for Willis Global Energy Practice and is based in London. With more than 30 years' experience in the energy sector, he has focused on providing specialist energy insurance intelligence since 1996. He is the editor of the annual and monthly Willis Energy Market Review newsletters. He blogs about insurance market developments and risks in the upstream and downstream energy sectors.

Energy Insurance Markets Defy Economic Laws

by Robin Somerville, April 25, 2012 | Posted in Energy

One of the strangest features of the energy insurance market that we address in our recently released 2012 Energy Market Review is how the market is seemingly defying the basic laws of economics. These state that an increase in supply—in … Continue reading → Continue reading →

Willis Review Finds Energy Market Stable but Fragile

by Robin Somerville, April 17, 2012 | Posted in Energy

The energy market recorded its worst ever year for non-windstorm related losses in 2011 with close to $9 bn in combined insured and uninsured total losses. This is according to our latest Willis Energy Market Review that was released today … Continue reading → Continue reading →

Emerging Energy Risk of 2012

by Robin Somerville, January 24, 2012 | Posted in Energy, Environmental Liability

One of the most significant emerging energy risks is the growth of the hydraulic fracking process used to extract gas from shale formations. The legal and social issues that accompany the rapid expansion of this method of production, together with the potential … Continue reading → Continue reading →

Beware the Calm Before the Storm! Why Today’s Stable Energy Market Conditions Could Disappear Overnight

by Robin Somerville, January 10, 2012 | Posted in Energy

It’s part of my job to highlight where Willis thinks the energy insurance markets are headed as we move into 2012. In our most recent Energy Market Review newsletter we’ve highlighted the various factors that are currently contributing to the … Continue reading → Continue reading →

Scariest Energy Risk: Macondo Mach II

by Robin Somerville, October 31, 2011 | Posted in Energy

In the energy industry, the unthinkable has perhaps already happened: the $40 billion in losses associated with the Macondo well... Continue reading → Continue reading →

It’s All About the Price, Right? Norwegian Energy Clients Beg to Differ

by Robin Somerville, October 31, 2011 | Posted in Energy

On what basis do energy insurance buyers select their broker? Price? Service? Our Norway survey results may surprise you. Continue reading → Continue reading →