Skip to content
  • MyNewMarkets.com
  • Claims Journal
  • Insurance Journal TV
  • Academy of Insurance
  • Carrier Management
Insurance Journal - Property Casualty Industry News

Featured Stories

  • Former AIG Exec McElroy Faces Sex Assault Charges
  • Aon Promotes Reinsurance Leaders
  • Articles
  • Jobs
  • Markets

Current Magazine

current magazine
  • Read Online
  • Subscribe
  • Login
  • Front Page
    • National
    • International
    • Most Popular
    • Magazine
    • Forums
    • Blogs
    • Videos/Podcasts
    • Newsletters
  • News
    • Most Popular
    • National
    • International
    • East
    • Midwest
    • South Central
    • Southeast
    • West
  • Magazines
  • Research
  • Directories
  • Jobs
  • Features
    • Events
    • Forums
    • Market Directories
    • Quotes
    • Polls
    • Rankings & Awards
    • Insurance Giving Back
  • Subscribe

Climate Change Activists Protest at Lloyd’s of London, Dumping a Load of ‘Coal’

By L.S. Howard | April 23, 2021
Email This Subscribe to Newsletter
  • Article

Lloyd’s of London was the focus of climate change activists on Friday, when a group called “Insurance Rebellion” used a dump truck to deposit a large pile of fake coal in front of the Lloyd’s headquarters on One Lime Street.

A pile of black rubble was used to block the main entrance to the building, the group said. Police arrested two protestors, who were dressed as builders, for obstructing the highway.

Climate Change Could Cut Global GDP by 18% by 2050 – If Nothing Is Done: Swiss Re

“Every day [that] Lloyd’s continues to insure fossil fuel projects, we move one step closer to climate breakdown,” said Harriet, 28, in a statement issued by Insurance Rebellion. “They are complicit in the destruction of our planet, causing millions of people’s homes to be flooded, burnt to the ground in wildfires, and reclaimed by rising sea levels. Fossil fuel companies can’t run without insurance, so let’s stop insuring them.”

The group said the dumped “coal’ aims to highlight Lloyd’s support for the world’s most polluting projects — which include the Adani Carmichael coal mine in Australia.

A Lloyd’s spokesperson responded with the following comment:

“Lloyd’s is committed to accelerating its transition towards a more sustainable insurance and reinsurance marketplace, and has set out specific actions and commitments to align with the goals of the Paris Agreement. We are actively involved in constructive engagement on the issue of climate change and continue to explore the ways in which Lloyd’s can support a responsible transition.”

Climate change protestors at Lloyd’s of London. Photo credit: Insurance Rebellion

Lloyd’s also received recent activist pressure from Insure our Future, the anti-fossil-fuel campaign group, which wants Lloyd’s to immediately stop insuring coal and new oil and gas projects that exacerbate climate change, rather than Lloyd’s phased approach, which it revealed in its Environmental, Social and Governance (ESG) report, published in December 2020.

“To enable the market to support their customers as they transition their businesses away from fossil fuels, the new standards Lloyd’s have set for the market are targeted and phased,” said the Lloyd’s spokesperson.

“We have asked managing agents to no longer provide new insurance cover for thermal coal-fired power plants, thermal coal mines, oil sands or new Arctic energy exploration activities from Jan. 1, 2022. The target date for phasing out the renewal of existing insurance cover for these types of businesses is Jan. 1, 2030,” continued the statement from Lloyd’s

Insurance Rebellion, which launched in April 2021, said it aims to halt climate and ecological breakdown by ending the insurance of fossil fuel projects and companies. The initial focus of the group is Lloyd’s of London, which it says provides around 40% of energy insurance worldwide. The group describes itself as a coalition of climate movements, with today’s Lloyd’s protest as its first.

When asked whether Insurance Rebellion was connected to Insure our Future, an Insurance Rebellion spokesman said: “While we stand in solidarity with Insure Our Future and similar groups, they are not involved in Insurance Rebellion.”

The spokesman signed his emailed statement: “Love and rage, Insurance Rebellion.”

Top photograph: Climate activists deposit a large pile of fake coal in front of Lloyd’s headquarters in London. Photo credit: Insurance Rebellion.

Related:

  • Climate Change Poses Much Greater Existential Risk for the World Than COVID-19

Topics Excess Surplus Lloyd's Climate Change London

Was this article valuable?

Thank you! Please tell us what we can do to improve this article.

Thank you! % of people found this article valuable. Please tell us what you liked about it.

Here are more articles you may enjoy.

Wildfire Destroyed Historic Grand Canyon Lodge After Being Allowed to Burn
Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves
FEMA Flood Maps Often Miss Flash Flood Risks, Leaving Homeowners Unprepared
People Moves: Consilium Taps Carpenter’s Coleman for C-Suite After Co-CEO Baird Suddenly Exits; Everest Promotes Shaw as Chief Commercial Officer of Int’l Division

Written By L.S. Howard

Latest Posts:
  • Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO
  • Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024
  • Aon Promotes Reinsurance Leaders as John Neal Takes a New Direction With AIG
  • First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events
More From Author

Interested in Civil Unrest?

Get automatic alerts for this topic.

Email This Subscribe to Newsletter
  • Categories: International & Reinsurance NewsTopics: Climate Change, Coal divestment, environmental social and governance (ESG) criteria, global warming, greenhouse gas emissions, Insurance Rebellion, Insure Our Future, Lloyd's
  • Have a hot lead? Email us at newsdesk@insurancejournal.com
More News
Cayman Islands Approves 21 New International Insurance Licenses During H1
Former Tennessee Agent Sentenced For Continuing to Sell Insurance Products
People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s
Trump Nominates Two Lawyers to Seal Republican Control of US Labor Board
More News Features

Read This Next

  • Climate Change Activists Protest at Lloyd's of London, Dumping a Load of 'Coal'
  • First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events
  • London Market Brokers, Associations Welcome Move to Create UK Captive Domicile
  • Powering the Future
  • Former Lloyd's CEO Neal to Lead General Insurance as President at AIG

Insurance Jobs

  • Director of Property Liability Claims - Wilsonville, Oregon
  • Vice President of Life Operations - Lansing, MI
  • Experienced Outside Property Claim Representative - Washington, DC
  • Attorney Repped Bodily Injury Adjuster (EHBI) - Remote, IL
  • Major Case Specialist, Specialty Liability – Construction Defect - Tampa, FL
MyNewMarkets
  • How Embedded Insurance Supports Real Livelihoods in the Growing On-Demand Economy
  • How to Keep Third-Party Events from Becoming First-Party Losses
  • Is It Covered: Auto Coverage Under a CGL Policy
  • When Harassment Follows You Home: Managing EPL Risk in a Remote Work Era
  • Trouble Brewing? 6 New Risks for Winery and Brewery Clients
Claims Journal
  • Singapore Says Cyber Espionage Group Targeting Critical Infrastructure
  • UK Court Rules JP Morgan Must Stop Greek Lawsuit Against Viva Directors
  • Tesla Settled Over Autopilot Crash With Truck Crossing Highway
  • Judge Allows US Authors Suing Anthropic to Band Together in Copyright Class Action
  • As Extreme Heat Scorches US, Employee Protections Stalled by Politics
Academy of Insurance education
  • July 22 How To Write: Umbrella
  • July 24 Navigating The Impact of Hospital Closures on Workers' Compensation
  • July 31 In The Wake: Personal Lines Issues After a Huge Storm
  • August 7 EPLI Basics

Insurance News

  • News by Region
  • News by Topic
  • Yesterday

Site Search

Features

  • Insurance Markets Directory
  • Forums
  • A.M. Best Company Ratings
  • Industry Events
  • Agencies For Sale
  • Newswire
  • Insurance Jobs
  • Rankings & Awards

Connect with us

  • Email Newsletters
  • Magazine Subscriptions
  • For Your Website
  • RSS Feeds
  • Twitter
  • Facebook
  • LinkedIn
  • Do Not Sell My Info

Insurance Journal

  • Submit News
  • Advertise
  • Subscribe
  • Reprints
  • Link to Us
  • Contact Us

Wells Media Group Network

  • Insurance Journal
  • MyNewMarkets.com
  • Claims Journal
  • Insurance Journal TV
  • Academy of Insurance
  • Carrier Management
© 2025 by Wells Media Group, Inc. Privacy Policy | Terms & Conditions | Site Map