Arctic: Coming in from the cold

The bleak Arctic landscape

With estimates of investment in the Arctic region likely to reach $100bn over the coming decade, the call for insurance from businesses operating in the area is set to increase. The importance of the region as a rich mineral reserve and the logistical benefits of its shorter shipping routes have not escaped oil and gas companies and cargo carriers, which want to boost their presence in the area. Chris Young, KPMG energy and natural resources strategy group director, says the attraction of the