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Insurance companies Axa, Swiss Re, and Zurich versus Canadian oil and gas Property and casualty (P&C) insurance allows oil and gas companies to protect themselves against such events as damage to property, accidents and other incurred liabilities. According to HTF Market Intelligence, the size of the oil and gas property and casualty (P&C) insurance premiums market was about $17.3 billion in 2018. Market size for P&C insurance ranged from North America (43 per cent of the total), Europe (25 per cent of the total), Asia and Pacific (20 per cent of the total) and Middle East and Africa (7 per cent of the total). (HTF Market Intelligence, 2020). ....