Dutch Government to End Credit Insurance for Fossil Fuel Exports November 4, 2022 The Dutch government on Thursday said it intends to stop giving companies and banks credit insurance for exports in the...
Insurers Increasingly Withdraw From Fossil Fuel Projects: Climate Activists’ Report October 20, 2022 Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects...
AXIS to Stop Insuring Energy, Mining Without Backing of Indigenous Communities October 17, 2022 By Noor Zainab Hussain and Simon Jessop Reinsurer AXIS Capital said it would refuse to underwrite energy, mining and other projects that did not have the backing...
Munich Re Commits to Stricter Policies for Oil & Gas Underwriting, Investments October 7, 2022 Munich Re, the world’s largest reinsurer, on Thursday announced stricter policies for investing in and underwriting oil and gas projects,...
Dutch Insurer NN Group Expects to Accelerate Exit From Coal Investments May 27, 2022 By Jessica DiNapoli DAVOS, Switzerland – NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due...
Allianz Plans to Take Harder Line on Insuring Fossil Fuel Industry to Meet Climate Goals May 3, 2022 By Simon Jessop and Carolyn Cohn Europe’s biggest insurer Allianz plans to take a harder line on insuring the oil and gas industry as part of...
Credit Suisse Investors Push for Faster Climate Action April 26, 2022 By Simon Jessop and Brenna Hughes Neghaiwi A group of Credit Suisse investors pushing for faster climate action at the Swiss bank has more than doubled in...
Aspen Becomes 17th Insurer to Stop Insuring Canada’s Trans Mountain Pipeline April 21, 2022 By L.S. Howard Lloyd’s of London syndicate Aspen Insurance has decided to cut ties with the existing Trans Mountain pipeline when its current...
Oil Firms, Including ExxonMobil, Obtain Injunctions to Stop UK Climate Protests April 19, 2022 Three firms involved in Britain’s oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which...
Update: Climate Change Protesters Disrupt Lloyd’s Headquarters April 12, 2022 By Charles Capel Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel...