Hamilton, Bermuda (ots/PRNewswire) - OIL held its 2017 Shareholder's Annual General Meeting (AGM) on Wednesday, March 22nd at the Hamilton Princess Hotel. During the meeting, it conducted the review and approval of the 2016 annual financial statements as well as the election of directors. For 2016, OIL recorded a ...
Hamilton, Bermuda (ots/PRNewswire) - OIL held its 2014 Shareholder's Annual General Meeting (AGM) on Wednesday, March 26th at the Fairmont Southampton Hotel and conducted the review and approval of the 2013 annual financial statements and election of directors. For 2013, OIL wrote and earned $550.4 million of ...
Hamilton, Bermuda (ots/PRNewswire) - The Board of Directors, at the July 2013 Board Meeting, approved a $100 million premium credit for current (2013) Shareholders, who were shareholders of record on December 31, 2012. This credit will approximate a 16% reduction in total premium charged to the membership during 2013. Members will see the premium credit in their 4th ...
Hamilton, Bermuda (ots/PRNewswire) - Oil Insurance Limited (OIL) today, July 30th 2013, announced the signing of four new energy companies as members through the first seven months of 2013. They are Alon USA Energy, Inc, Anadarko Petroleum Corporation, Arena Energy, LP and Cenovus Energy Inc. Alon USA Energy, Inc, headquartered in Dallas, Texas, is an independent refiner and marketer of petroleum products. Its operations ...
Hamilton, Bermuda (ots/PRNewswire) - Oil Insurance Limited (OIL) held its 2013 Annual General Meeting (AGM) on Wednesday March 20th, 2013 at the Fairmont Southampton Hotel in Bermuda. Management reviewed OIL's 2012 audited financials with the shareholders. During the year, OIL had $672 million of written and earned premium while incurred losses, inclusive of loss ...
Hamilton, Bermuda (ots/PRNewswire) - Oil Insurance Limited (OIL) announces the launch of the OTA (Oil Technical Accreditation), OIL's innovative on-line technical accreditation course for members and global energy brokers. The OTA is OIL's first ever energy insurance web-based interactive training and accreditation tool for energy company risk managers and their ...
Hamilton, Bermuda (ots/PRNewswire) - Oil Insurance Limited (OIL) announced today that Standard and Poor's has affirmed OIL's A- financial strength rating with a Stable Outlook. President and CEO Robert Stauffer commented that "as a result of the high credit quality of our membership, strong capitalization and ...
Hamilton, Bermuda (ots/PRNewswire) - Oil Insurance Limited (OIL) announced today the unveiling of its re-designed website providing easier access and navigation to information about OIL for members and brokers on a 24 x 7 basis. The site is intended to overview OIL's offered products, the 8 energy industry segments that OIL serves and information to enable a full ...