Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure

July 3, 2018

  • July 3, 2018 at 1:49 pm
    J.M. says:
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    Swiss Re can I come work for you??! A responsible company that cares about things, it’s like a unicorn!

    • July 3, 2018 at 2:51 pm
      Craig Cornell says:
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      They will only hire you if you help them fill a PC Virtue-Signaling box.

      Are you some kind of elevated “minority” they can parade around for brownie points with their fellow PC Corporate brothers?

      If not, forget it. Their concern about things like the environment is only for show and a laughable, pointless charade otherwise. As if their stance on coal will actually do anything. Hilarious.

      • July 5, 2018 at 1:19 pm
        J.M. says:
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        Or maybe they also recognize that coal, like the fax machine, horse and buggy, telegraph, is a dying technology so why invest in it.

        And I do happen to be a minority, although I’m not sure what a “minority” is or what that has to do with anything. I’m also a 15 year insurance industry veteran and lawyer. Being a minority has nothing to do with my experience or education. I put my pants on one leg at a time like anyone else, unless there’s some memo us “minorities” didn’t get…

        • July 5, 2018 at 9:46 pm
          Craig Cornell says:
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          C’mon, man. Coal is exploding in demand world wide. China is opening dozens of new plants (at the same time they try to steal our renewable technology).

          And how can you call yourself a minority if you then say you don’t know what one is? Huh?

          • July 6, 2018 at 9:44 am
            Ron says:
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            Looks pretty flat to me.

            https://www.iea.org/topics/coal/

            Care to provide your source indicating demand for coal is “exploding”?

          • July 6, 2018 at 2:05 pm
            Rosenblatt says:
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            C’mon, Ron … you know his answer will be “you can google it yourself” — why even bother asking him anymore?

  • July 3, 2018 at 2:49 pm
    Perplexed says:
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    Another company getting involved in politics.

    • July 6, 2018 at 9:40 am
      Ron says:
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      Not politics, just a business decision made by a private corporation. And, as the article states, they are not the only one.

      Whatever happened to the free market?

      • July 6, 2018 at 12:43 pm
        Craig Cornell says:
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        Regarding your insight on coal: as western countries foolishly abandon coal, economies like China and India are expanding dramatically.

        And so, you see, that is how “exploding” equates to flat demand. Where people are honest about Climate Change, they continue with fossil fuels, offsetting the numbskulls who think they can force higher prices on Western consumers in their green fantasies.

        Look into the collapsing German EnergieWende.

        • July 6, 2018 at 1:56 pm
          Ron says:
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          Still waiting for your source.

          If you looked at what I presented, you would see that demand has been and is projected to remain flat for all countries, including China and India.

          • July 6, 2018 at 2:21 pm
            Craig Cornell says:
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            I used your source. Read what I wrote. GLOBAL demand is flat because of dumb policies in the US and Europe that force consumers to pay more for energy than they would pay if coal wasn’t the Green Boogie Man.

            Demand is only flat because of the Green Religion, not because of the cost of coal energy.

            And in the US, because of fracking, which makes natural gas not only the cheapest source of energy but the only reason the US has had the greatest net reduction in CO2 emmissions per capita in the world.

            Thank you Oil Drillers!

  • July 3, 2018 at 3:53 pm
    Hmmmmmmm says:
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    Good for you Swiss Re…. the guidelines established by the Paris Accord should not be just up to government.

    • July 5, 2018 at 9:43 pm
      Craig Cornell says:
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      The “guidelines” as you call them have no enforcement mechanism, giving you a clear idea about how serious the Green Weenies really are.

      Just this week, the Paris Climate Accord provisions for rich countries giving to poor countries imploded. And that was with only $1 billion in “project” demands from small countries.

      Trump was right in jumping off that fraud. All posturing, just like Swiss Re.



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