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Please put 7:30 AM - 9:00 AM, Tuesday December, 11th 2018, on your calendar for the next Energy Finance Discussion Group breakfast.
Tobin B. Carlson Senior Vice President, Energy and Marine Division with McGriff, Seibels & Williams of Texas, Inc will present:
“Energy Market Review – An Insurance industry perspective”
Mr. Carlson plans to give an overview of major losses which have giving rise to unprofitable year-on-year financial results for the insurance industry. He will discuss lackluster returns on investments made by insurance companies, the impact of interest rates on the overall markets, and the folly and benefits of ERM. He will also address consolidation as a result of bankruptcies or acquisitions and mergers within the oil and gas industry and the impact this has had on E&P insurance premiums. Consolidation of insurance companies and Lloyd’s Syndicates, and of U.S. and London insurance brokers will be covered. And finally he will discuss insurance industry exposures that are most affected by the current state of the markets and areas of discovered (but poorly managed) exposures requiring the most attention – predominately cyber security within the oil patch as well as other financial tools and instruments.
Tobin Carlson has over 19 years of experience in the design, placement and service of marine and energy insurance programs. His areas of expertise are vessel operators, terminals, cargo, marine construction, energy contractors and Offshore E&P Operators/Non-Operators. He has advanced knowledge in claims negotiations, contract review and evaluation. Mr. Carlson’s areas of expertise include design, placement and service of marine and energy insurance programs including vessel operators, terminals, cargo, marine construction, energy contractors, and offshore E&P operators / non operators. He is responsible for contract review and evaluation and claims negotiations. He attained a B.A., International Political Economy; Minor in Finance and French, University of Portland; Portland, OR, 1999 and an M.S., International Economics; University of Warwick; Coventry, England.
I look forward to hearing his thoughts on what is driving insurance premiums for the E&P space, and hope you will join me for this fascinating topic.
EFDG will meet at the Denver Athletic Club (DAC) in the Grand Ballroom. DAC is located at 1325 Glenarm Place. As the DAC will require a final head count by the Friday morning preceding our Tuesday event anyone interested in attending will need to register by Thursday afternoon (December 6th). There will be a very significant increase in the cost of registering after Thursday, so please do sign up before this deadline.