France’s AXA Drops German Power Giant RWE as a Client over Large Coal Operations

By and | March 12, 2021

  • March 12, 2021 at 10:41 am
    Mike says:
    Like or Dislike:
    Thumb up 2
    Thumb down 1

    Slippery slope, though AXA does not confirm WHY they dropped the insured – seems many are making assumptions. Could be myriad reasons. If it is, in fact, exclusively due to coal use/carbon footprint, then just write it with limited pollution coverage or backstop heavily. Carriers arguably have a limited “politically correct” role to play: focus on supporting cleaner initiatives rather than directly punishing those that are environmentally friendly.

    • March 15, 2021 at 9:48 am
      Tiger88 says:
      Like or Dislike:
      Thumb up 1
      Thumb down 0

      The power company that serves AXA’s Munich office should shut off their power for a week. Hey, don’t like coal…here’s what its like without it…

  • March 12, 2021 at 1:33 pm
    Placement GURU says:
    Like or Dislike:
    Thumb up 4
    Thumb down 1

    Very slippery, indeed. Turn your back on coal while eating foie gras. Of course we all know how green and ethical the foie gras industry is………..

  • March 16, 2021 at 12:02 pm
    Rosenblatt says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Lots of people here seem to be against insurers deciding which risks they want to write.



Add a Comment

Your email address will not be published. Required fields are marked *

*