We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

BP says oil leak cost at $3.5 bn

Efforts to contain the leak began Saturday, but are not yet complete.


July 13, 2010 9:28 by

British Petroleum, BP, announced Monday that the ongoing oil leak in the US Gulf of Mexico has cost the company an estimated $3.5 bn. The company’s estimate of damage related costs include “the cost of the spill response, containment, relief well drilling, grants to the Gulf states, claims paid, and federal costs,” according to a report by AFP.

The April explosion of an oil rig off the coast of the state of Louisiana unleashed a gush of oil that BP is currently working to contain. The company began on Saturday installation of a sealant cap to cease the flow of oil.

The company estimates that nearly 750,000 barrels of oil had been collected or flared by containment systems, the report added.


Tags: , ,

Leave a Comment