Major World Economies Seek to Halt New Private Sector Coal Financing June 11, 2024 By Kate Abnett and Simon Jessop Some of the world’s major economies want to finalize a plan ahead of this year’s U.N. climate summit to halt...
European Insurers Underwrite 30% of US Coal: Study September 28, 2023 By Gautam Naik and Alastair Marsh Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the...
Australia’s New Hope to Ramp Up Coal Output, Sees Modest Insurance Premium Hikes September 19, 2023 By Melanie Burton and Navya Mittal Australian miner New Hope Group’sCEO Rob Bishop said on Tuesday plans are progressing to double output over the next three...
Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers August 31, 2023 By Clara Denina and Sarah McFarlane Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they...
Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine February 23, 2021 Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding...
XL Insurance to Cut Coal Industry Business Under Parent AXA’s Climate Order November 26, 2018 By Matthieu Protard and Inti Landauro AXA, France’s biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list...