Underwriting, Boiler insurance, Global warming, Petroleum, Fossil fuel, Coal

Lloyd's market to quit fossil fuel insurance by 2030

On Dec 17, 2020
@guardian shared
Lloyd's market to quit fossil fuel insurance by 2030 https://t.co/0UVsAKFStp
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World’s biggest insurance market to end new investments in coal, oil sands and Arctic energy by 2022

www.theguardian.com
On Dec 17, 2020
@guardian shared
Lloyd's market to quit fossil fuel insurance by 2030 https://t.co/0UVsAKFStp
Open

Lloyd's market to quit fossil fuel insurance by 2030

Lloyd's market to quit fossil fuel insurance by 2030

World’s biggest insurance market to end new investments in coal, oil sands and Arctic energy by 2022

But MetLife’s policy does not yet match best practices from US and global peers

But MetLife’s policy does not yet match best practices from US and global peers

The NYC-based life insurance giant is joining a global movement of insurers shifting capital out of coal and tar sands.

Are U.S. Insurers Breaking Up with Fossil Fuels?

Are U.S. Insurers Breaking Up with Fossil Fuels?

2019 was the second hottest year on record and marked the end of the hottest decade ever. It was 365 days of devastating climate impacts: wildfires ravaged California, Indonesia, and...

Op-Ed: Big Insurance Is Climate’s Quiet Killer

Op-Ed: Big Insurance Is Climate’s Quiet Killer

A coalition of climate justice organizations is targeting Liberty Mutual for underwriting fossil fuels

Keystone XL stalls—again—along with other pipeline projects

Keystone XL stalls—again—along with other pipeline projects

Legal and financial snarls for three major pipelines are signs of a shifting landscape for fossil fuel infrastructure.

Big Insurance Is Propping Up Big Oil. Activists Say It’s Time to Pull the Plug.

Big Insurance Is Propping Up Big Oil. Activists Say It’s Time to Pull the Plug.

The insurance industry continues to cover new oil pipelines amid the COVID-19 pandemic. Activists are fighting back.

Insurance giant Suncorp to end coverage and finance for oil and gas industry

Insurance giant Suncorp to end coverage and finance for oil and gas industry

Suncorp’s decision to pull out of industry by 2025 puts it at odds with government push for gas-led recovery

Swiss Re and Zurich Drop Places in Environment Ranking

Swiss Re and Zurich Drop Places in Environment Ranking

Swiss Re and Zurich Insurance both have performed well in surveys on how companies are treating the issue of investments in coal and related environmental questions. A recent report however ...

First major U.S. insurance company moves away from coal

First major U.S. insurance company moves away from coal

“Chubb recognizes the reality of climate change and the substantial impact of human activity on our planet,” Evan G. Greenberg, the company’s chair and CEO, said in a statement.

Big Insurer Ditches Coal Coverage In Win For Climate Action Groups

Big Insurer Ditches Coal Coverage In Win For Climate Action Groups

Chubb becomes first major U.S. insurance company to restrict coverage for coal, citing the threat of climate change.

Insurance and climate change

Insurance and climate change

Insurers need to properly assess climate risks and divest from fossil fuels.

Lloyds of London Laggard on Climate Action

Lloyds of London Laggard on Climate Action

Whilst other insurance financiers are finally bowing to the pressure and making definitive plans to withdraw investments and underwriting of highly polluting fossil fuels, Lloyds continues ...

Barclays urged by shareholder group to end oil and gas investment

Barclays urged by shareholder group to end oil and gas investment

Barclays must put a stop to the 17 billion dollars a year it sends to finance fossil fuel companies and stop funding coal mines and controversial tar sands exploration, a group of ...

Money Is the Oxygen on Which the Fire of Global Warming Burns

Money Is the Oxygen on Which the Fire of Global Warming Burns

What if the banking, asset-management, and insurance industries decided to move away from fossil fuels?

New Oil Projects Won't Pay Off If World Meets Paris Climate Goals, Report Shows

New Oil Projects Won't Pay Off If World Meets Paris Climate Goals, Report Shows

Not a single tar sands project is likely to pay back investors under a 2°C global warming scenario, Carbon Tracker found.

More on Tar, Oil, Pipelines and Presidents

More on Tar, Oil, Pipelines and Presidents

Varied views on a pipeline that would link a dirty oil source in Canada with American refiners.

Businesses call on U.S. insurers to ditch fossil fuel underwriting

Businesses call on U.S. insurers to ditch fossil fuel underwriting

A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers.

While California burns U.S. insurance companies continue to finance coal & climate destruction

While California burns U.S. insurance companies continue to finance coal & climate destruction

While California burns U.S. insurance companies continue to finance coal & climate destruction. #InsureOurFuture ...