Pemex 2023 oil platform claim halves to $350mn on settlement
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Pemex 2023 oil platform claim halves to $350mn on settlement

The steep reduction in quantum stands to benefit specialty excess of loss reinsurers.

By Samuel Casey
March 04, 2025
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pemex gas station.jpg

One of the largest upstream energy claims of recent years stemming from a Pemex oil platform explosion in 2023 has settled at $350mn, almost half the market reserve of $650mn, Insurance Insider can reveal.

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Topics

News Aon QBE London market Claims and losses Specialty treaty
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