BP’s rig operator has been paid $401m insurance claim
Stricken Gulf of Mexico rig operator Transocean said in a Securities and Exchange Commission (SEC) filing that it had received a partial insurance payment of $401m, Dow Jones reports.
It and warned of "significant legal fees and costs" in response to lawsuits. The rig was declared a total loss, according to the filing. The company has received requests to participate in Congressional hearings on the incident.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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