Oil Insurance Limited

Oil Insurance Limited (OIL) is a Bermuda–based mutual insurance company. It was founded in 1972 by 16 oil companies.

Founding shareholders
The founding shareholders were:


 * Amerada Hess Corporation
 * Ashland Oil & Refining
 * Atlantic Richfield Company
 * Champlin Petroleum Company
 * Cities Service Company
 * Forest Oil Company
 * Gulf Oil Corporation
 * Marathon Oil Company
 * Murphy Oil Corporation
 * Petrofina S.A.
 * Phillips Petroleum Company
 * Signal Oil and Gas Company
 * Standard Oil Company of California
 * Tenneco Inc.
 * The Standard Oil Company (Ohio)
 * Union Oil Company of California