Cover image: The Good, the Bad and the Ugly: The Reinsurance Industry's Approach to Fossil Fuels

New briefing: Swiss Re’s transition from climate leader to laggard

Zurich, Thursday 17 June 2026 – Read The Good, the Bad and the Ugly: The Reinsurance Industry’s Approach to Fossil Fuels here. A new briefing from the Insure Our Future campaign finds that the world’s largest reinsurers are taking increasingly different approaches to fossil fuel expansion, with Swiss Re emerging as a key laggard while …

Coral Triangle Day: Most Insurers Refuse to Rule Out LNG Expansion in World’s Richest Marine Ecosystem

Tuesday 9 June 2026 – French insurer SCOR bucks the trend by introducing new restrictions in response to campaigners’ demands On Coral Triangle Day, the Insure our Future coalition reveals that most of the world’s largest insurers and reinsurers have refused to rule out support for LNG expansion in the Coral Triangle, despite mounting evidence …

Swiss Re’s Climate Gymnastics: Can The World’s Largest Reinsurer Catch Up On The Energy Transition?

This year, two of the largest global reinsurers, Munich Re and Hannover Re, strengthened their climate policies by tightening restrictions on fossil gas investments and underwriting — welcome, if modest, progress towards net zero as climate-driven extreme weather continues driving record costs and devastating impacts. But under CEO Andreas Berger, the world’s biggest reinsurer Swiss …

LNG

Insurance Risk Briefing: LNG Expansion in the Coral Triangle Biodiversity Hotspot

LNG Expansion in the Coral Triangle Biodiversity Hotspot warns the insurance industry against underwriting fossil fuel infrastructure that directly threatens the world’s most biodiverse marine region. Known as the “Amazon of the seas,” the Coral Triangle spans six nations, sustains the livelihoods of over 360 million people, and provides an estimated $855 billion in flood …

Ilijan Dela Paz Photos - taken by B. Sepe for GSCC

Blog: Over 70 campaign groups demand (re)insurers rule out cover for fossil fuels in the Coral Triangle

Read the letter and risk briefing sent to the world’s leading fossil fuel (re)insurers today. Over 70 civil society organisations from more than 20 countries across 6 continents are calling on the world’s leading (re)insurers to rule out cover for fossil fuel expansion in the Coral Triangle and end their support for new fossil gas …

Ilijan Dela Paz Photos - taken by B. Sepe for GSCC

Press release: Over 70 campaign groups call on insurers to exclude fossil fuel projects in Coral Triangle

Immediate release: 21 April 2026 Tuesday 21 April – More than 70 organisations from over 20 countries across six continents are urging the biggest global insurance and reinsurance groups to stop providing insurance for fossil fuel projects and fossil gas expansion in Southeast Asia’s Coral Triangle due to the risks posed to the most biodiverse …

Conflict, Chokepoints, and Climate: Why insurers should rethink LNG

The escalating conflict in the Middle East has quickly become a humanitarian crisis in the immediate region and an economic/energy crisis in countries dependent on the supply of oil and gas that normally flows through the Strait of Hormuz. Thousands of people have died and been injured, millions have been displaced, and millions more around …

Private profits, public losses: Why government support in insurance markets must condition Paris-alignment

Climate change is increasing the frequency and intensity of extreme weather events. This trend, combined with inflation and urbanization in high-risk areas, is driving a continuous rise in losses from natural disasters worldwide. In 2025, global economic losses caused by these events reached €240 billion, more than half of which were uninsured. The story many …

Munich Re’s Revised Fossil Fuel Policy: What Changed, What Didn’t, What’s Next

(Correction: Munich Re’s updated investment policy applies restrictions on any new gas infrastructure, not just new LNG terminals. The text has been corrected.) Last month, Munich Re became the first major reinsurer to restrict the insurance of some new LNG infrastructure. The company updated its fossil fuel policy just weeks after its December Climate Ambition …

World’s second largest reinsurer fails to address full scope of emissions targets

Munich Re gave an update today to its targets to reduce global fossil fuel emissions within its underwriting and investment portfolios.  

Canadian homeowners could turn to litigation to seek recovery of rising home insurance costs

A report released today by Investors for Paris Compliance (I4PC) shows the rising price of home insurance due to climate damages could trigger a wave of lawsuits to recover costs. Last year there were over $9 billion in claims driven by extreme weather in Canada, with much of those costs passed along in the form of …

What Future for Lloyd's Cover

Lloyd’s of London’s booming fossil fuel business bucks market trend

London, 5 November 2025 – (via Reclaim Finance) Lloyd’s of London is bucking the global trend by continuing to grow its fossil fuel business according to new analysis from Reclaim Finance, which finds that its estimated fossil fuel premiums have increased by 2.4% annually between 2020 and 2024, while other insurers have on average seen …

You have seen 12 of 373

Load more