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Seminar on “Onshore and Offshore Energy Risk Assessment”

After a seminar on Natural Catastrophes in October 2016, SCOR Global P&C organized a second seminar in Iran, focusing on “Onshore and Offshore Energy Risk Assessment” on the 3rd  and 4th  of February 2018 at the Research Center of Bimeh Markazi Iran (Central Insurance of IR Iran).

Around 90 Iranian insurance practitioners participated in the seminar.

SCOR Global P&C speakers were Michel Krenzer (Onshore Energy Manager – EMEA), Luc Tricard (Offshore Senior Underwriter), and Eric Lenoir (Risk Control Practice Leader).

The seminar was launched by Mostafa Zandi, Director General of Public Relations and International Affairs of Bimeh Markazi, Marc Buker, SCOR Global P&C Treaty Market Manager of Iran, and Sina Nassiry, SCOR Global P&C Treaty Underwriter of Iran.

Several technical topics were discussed in the seminar including:

·        Definition of offshore and onshore occupancies

·        Examples of Larges Losses on onshore and offshore risk

·        Risk assessment:

o   Construction, tank farm, control rooms

o   Management programs: operations and maintenance

o   Emergency responses: fixed and manual fire protection, emergency response plans, security

o   Loss estimation methodologies

·        Underwriting issues:

o   Policy wordings and specific clauses

o   Deductibles

o   Description of Business Interruption coverage




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