Article 6G7SA Lloyd’s of London insurers dominate underwriting of fossil fuel projects, study shows

Lloyd’s of London insurers dominate underwriting of fossil fuel projects, study shows

by
Julia Kollewe
from Environment | The Guardian on (#6G7SA)

Annual scorecard' of major firms insuring oil, gas and coal projects puts household names Allianz, Axa, AIG and Aegis in Top 10

Insurers operating in the Lloyd's of London market are the world's biggest underwriters of fossil fuel projects, research has found.

Fifty years after the insurance industry first warned about the impact of the climate crisis, it is continuing to contribute to the climate emergency, the Insure Our Future campaign, a global group of 24 NGOs, said in its annual scorecard" on 30 major insurers and their involvement in fossil fuels.

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