Oil refinery petrochemicals, natural gas, terminals and all downstream hydrocarbon processing, including liquid natural gas.
See our Risk Appetite
Capacity: Up to US $750 Million limit.
All types of O&P risks including:
Coverage can be extended to include:
We provide value-added loss control services from the planning and construction phases for new construction through the operational ongoing loss control. Risk engineers are located worldwide and conduct risk assessment surveys and loss control inspections that analyze the unique exposures associated with O&P risks.
This includes analysing exposures from the perspective of traditional perils such as fire and explosion as many of our hydro carbon facilities have significant vapor cloud explosion potential. Maintenance, pipeline corrosion and integrity and other process safety management concerns whether from a hardware or management practices view point are examined.
In addition other exposures such as natural perils (e.g. earthquake, flood and windstorm, etc.) as well as location specific conditions are evaluated.
To learn more about AIG's capabilities in this field, please email Chris.Halm@aig.com