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Evan Greenberg may not be a household name, but he should be, as CEO of the world’s largest publicly-traded property and casualty insurer: Chubb. Chubb provides insurance coverage for everything from individual homes to multinational corporations, and according to our research, is a top backer of oil and gas projects around the world, including offshore …

Around the globe, Liberty Mutual is facing calls to rule out insurance coverage for the Trans Mountain tar sands oil pipeline expansion (TMX) in Canada. In advance of Trans Mountain’s insurance policy expiring on August 31, 2022, Indigenous Peoples, communities, and climate activists came together to demand that #LibertyDropTMX and exit the tar sands sector …

Today, 70 Indigenous rights, climate, environmental, consumer rights, and community organizations and groups sent a letter to 22 insurers that are at risk of insuring the Trans Mountain Pipeline Expansion Project and the existing Trans Mountain pipeline network.  Read the letter to Trans Mountain’s likely remaining insurers here. The recipients of the letter were: AIG, …

Number of insurers ruling out Trans Mountain continues to grow, following a year of climate impacts along the pipeline route and continued pressure from activists. London, UK (May 3, 2022) – Trans Mountain insurer and Lloyd’s of London syndicate Arch Insurance has committed to no longer insure the Trans Mountain tar sands pipeline after its …

Aspen joins sixteen companies that have ruled out insuring Trans Mountain London, UK (April 21, 2022) – Trans Mountain insurer and Lloyd’s of London syndicate Aspen Insurance has pledged to cut ties with the existing Trans Mountain tar sands pipeline when its current insurance policy expires this summer. Aspen joins sixteen insurance companies that have …

Photographs will be available here. San Francisco (April 12, 2022) – This morning, Indigenous Environmental Network and Rainforest Action Network dropped a giant banner outside the largest insurance conference in North America – RIMS 2022 RISKWORLD – to spotlight Chubb Insurance’s destructive climate and human rights record. The banner reads: “Chubb, Don’t Risk Our Communities,” …

Photographs available here San Francisco (April 11, 2022) – A coalition of Indigenous, environmental justice, and climate organizations painted a giant mural outside the RIMS 2022 RISKWORLD Opening Ceremony with a clear message to the insurance industry: “Don’t Risk Our World.”  The mural depicted a globe surrounded by creatures native to California and Alaska, as well …

Insurance Giant Rules Out Support for New Coal, Tar Sands, and Arctic Energy Exploration Projects and Commits to Net Zero Emissions by 2050 for Underwriting and Investments WASHINGTON, D.C. – American International Group Inc. (NYSE: AIG) today announced major new company-wide climate commitments, including commitments to no longer provide underwriting and investments in the construction …

The U.S. insurance industry is undermining efforts to meet climate targets by continuing to support new oil and gas production, the Insure Our Future campaign reveals today in its fifth annual scorecard on insurers’ climate policies.

In a first for a North American insurers, AXIS Capital commits to stop insuring companies developing coal infrastructure and phase out all coal business in line with a 1.5ºC pathway.

Indigenous, environmental, and climate groups sent an open letter to twenty insurance companies that have failed to rule out insuring the Trans Mountain pipeline network.

Lloyd’s of London syndicate Cincinnati Global Underwriting has ruled out insuring the existing Trans Mountain tar sands pipeline and the Trans Mountain Expansion Project.