Top Insurance Publication: Matt Simmons’ words now look “to have more foresight” and “less hyperbole”


An April 2010 Lloyd's of London publication entitiled 'Market Intelligence, Key Information' discusses the Insurance Insider:

The Insurance Insider is a monthly publication that provides insight and intelligence on the London and international insurance and reinsurance markets. The Insurance Insider analyses all the key trends and developments while also informing its subscribers about what is going to happen in the weeks ahead.

Today, in a subscription-only article entitled 'Deepwater litigation has only just begun', the Insurance Insider discussed one of the many controversial statements by George W. Bush energy adviser Matt Simmons: "There isn't enough money in the world to clean up the Gulf of Mexico," said influential oil and gas analyst Matthew Simmons in June...

Regarding Simmons' statement, the publication wrote, "[It's] a comment that now looks to have more foresight and less hyperbole than originally intended."

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