Search

Back

Case Studies

Explore some of the assignments we've worked on below and gain a better understanding of how we might be able to assist you in your quantification, investigation or valuation needs.

Explosions at a Gas Separation Plant Impact Upstream, Midstream & Downstream Businesses

Date 16 November, 2022
Several explosions broke out in the Waste Heat Recovery Unit (“WHRU”) at one of the Insured’s Gas Separation Plants (GSP). This resulted in adverse impact on various of the Insured’s businesses including: i) Pipeline (upstream); ii) GSP (midstream); and iii) Olefin & Polymer (downstream).
Read More
Business Interruption, Contingent BI & Extra Expenses

Dark Times: A Hurricane, a Pandemic, and an Island

Date 01 July, 2022
Over the past several years, many catastrophic wide area events have impacted various island nations, creating challenges within our industry from a loss adjustment and measurement perspective. The below case study is an agglomeration of many recent catastrophic events involving several power generation business interruption losses.
Read More
Business Interruption, Lost Profits

Transformer Loss at Wind Farm

Date 01 July, 2022
The subject of this case study is the operator of several wind farms that supplied the generated electricity to a large industrial customer under a Power Purchase Agreement. The wind farms were all connected via overhead transmission lines to a substation on the boundary of the industrial customer that contained two transformers with the same rating.
Read More
Business Interruption, Contingent BI & Extra Expenses, Physical Damages

Power Supply Causes Shutdown at a Refinery

Date 10 June, 2022
Freezing temperatures and an intermittent power supply caused a refinery shutdown for almost a month before returning to normal throughput levels. As a result, the insured was forced to sell incoming crude oil and purchase finished product to fulfill their sales requirements.
Read More
Business Interruption

Asian Coal-Fired Plant Temporarily Loses Two Units

Date 11 March, 2022
A coal-fired power plant in Asia had two identical units. Plant operators discovered an issue with Unit 1's generator that they estimated would take six months to rectify. A month later, they found Unit 2 also suffered from the same underlying problem, despite operating as usual. As such, the plant also took Unit 2 out of operation.
Read More
Business Interruption

Market Considerations in Refining Losses

Date 01 March, 2022
As a result of a fire in its vacuum distillation unit, a refinery suffered a period of downtime in its crude unit, vacuum distillation unit, diesel and naphtha hydrotreaters and gasoline reformer. The refinery was able to process limited feedstocks during this period.
Read More