Political Quotes

“Mr. Chair, I submit the following: Lloyd & Partners Limited, London, England, May 10, 2010. Re Deepwater Horizon/Macondo Well Incident. To Whom it May Concern: About Lloyd & Partners Lloyd & Partners is a London and Bermuda based Major Account (complex risk) insurance broker specialising in onshore and offshore energy insurance with premiums placed annually in excess of USD1.5bn. Overall Lloyd & Partners employs over 200 people and our 40 plus strong Energy team is one of the largest and most respected teams in the London market. We arrange both Property and Liability Insurance for a wide range of Energy insureds including integrated oil companies, exploration & production companies and drilling/ service contractors. Available Liability Insurance Capacity under normal Insurance conditions (policies with normal terms and conditions) Prior to tine recent Gulf of Mexico drilling incident, worldwide third party pollution liability capacity for offshore energy operations was in excess of USD1.5bn for each insured on a 100% basis (meaning the limits scaled to an individual insured working interest in a project).…”