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Tuesday, June 26, 2007

Modeling

Modeling firm Eqecat Inc. has unveiled its Offshore Energy Model to help insurers manage and quantify their exposure in the offshore energy market. The model is expected to be released in the second quarter of 2007. It covers a range of risk in the Gulf of Mexico for oil and gas platforms, pipelines and other offshore infrastructure, and can account for the removal of debris, business interruption and contingent business interruption.