Optimum insurance cover for oil and gas companies

Customized risk solutions with world-wide market knowledge

Munich Re, with its deep understanding of risks, is in a strong position to partner with today’s oil and gas companies in transitioning to tomorrow’s energy economy. With special risk-transfer solutions for project- or performance-related risks and natural catastrophe covers, insurers can play a key role as enablers and credit risk enhancers. In addition, the engineering and natural catastrophe knowledge and experience gathered in decades of risk assessment for the energy industry make insurers suitable advisors and consultants for innovative energy projects.

We have been underwriting the Downstream Energy market for over 35 years and is recognized as a market leader in this class of business in both the London and international Energy insurance markets. We deliver strong technical underwriting for this demanding sector throughout the underwriting cycle. We also have in-house risk management resources that can be utilized for site surveys, asset reviews and client technical liaison. As a result of our diverse and unique skill set, our client base encompasses a broad range of companies across the globe.

Whilst our primary focus is on insurance for downstream oil and gas industries, we also offer integrated products.

Our offerings

Property damage
Business interruption, or loss of production income
Operators’ extra expense (OEE)
NatCat assessment
Additional covers and services

Munich Re Facultative & Corporate (F&C) brings together our worldwide facultative and corporate business in one unit.

oils and gas conpanies — Special risk-transfer solutions make Munich Re a strong partner

The industries we serve

National oil companies
Fully-integrated and/or global oil & gas companies
Members of OIL Limited
Midstream companies
Downstream companies
Gas processing plants, onshore pipelines, terminals and LNG facilities
Refining companies
Petrochemical and specialty chemical companies
Fertiliser companies
Exploration and production companies, upstream operations
Offshore risks when in combination with onshore

5 reasons why you should talk to us

You handle large amounts of hydrocarbons

Due to the nature of the industry, you are highly exposed to large losses such as those occasioned by vapor cloud explosions, run-away reactions, tank fires, etc. We are one of the leading Oil & Gas insurers with world-wide market knowledge. Our experts understand your business.