Gerard Naisse News

OIL Declares $300M Dividend

Oil Insurance Limited (OIL) held its 2014 Shareholder's Annual General Meeting (AGM) on Wednesday, March 26 at the Fairmont Southampton Hotel and conducted the review and approval of the 2013 annual financial statements and election of directors. For 2013, OIL wrote and earned $550.4 million of premium that resulted in $53.2 million of Underwriting Income.