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100 largest losses in the hydrocarbon industry report download

Marsh is pleased to present the 27th edition of the 100 largest losses in the hydrocarbon industry (100LL). This edition of our biennial publication summarizes the 100 largest property damage losses from the hydrocarbon extraction, transport, and processing industry between 1974 and 2021.

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The 27th edition of Marsh Specialty’s global report summarises the 100 largest property damage losses from the hydrocarbon extraction, transport, and processing industry between 1974 and 2021.

The report includes details of the costliest incidents in the energy industry. It allows us to look back at the industry’s history, identify key issues and trends from large losses, and understand how the industry is making progress on improving operations and risk management practices.

By reflecting and learning from the past, and continually reviewing and challenging our notions of best practice, we can build the resilience that the whole industry wants, and needs, to achieve.

"This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy.  Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors."

LCPA: 22/167

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”