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 …

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 …

The 2025 Insurance AGM Season: Continued Inaction on Climate

Many insurance companies across Europe and North America just wrapped up their annual shareholder meetings. Insure Our Future network organisations recently attended to assess how insurers are approaching climate risk and fossil fuels, as the climate crisis intensifies and threatens to undermine the insurance industry itself. What they witnessed was a bleak picture of continued …

Swiss insurance companies under the climate microscope

Zurich, 27 March 2025 – New report from Campax reveals none of Switzerland’s eight largest property and liability insurers have climate policies that are compatible with the goals of the Paris Agreement. This in-depth look at the Swiss insurance landscape suggests smaller regional companies tend to perform less well than international heavyweights. Generali leads the …

Climate change accounts for over a third of insured weather losses this century and rising

Cut emissions today to insure tomorrow, warns report as 2024 marks the first year to cross red line of 1.5°C global heating  Insure Our Future’s eighth annual scorecard report Within Our Power reveals that climate change accounts for an estimated $600 billion, or over a third, of global insured weather losses over the last two …

IOF Lloyd's Building 24

Campaigners demand ‘polluters pay’ as insurance industry meet for inaugural sustainability summit

Today, as the insurance industry convenes for the first Global Sustainable Insurance Summit in Los Angeles, the 32 campaign groups of the Insure Our Future network have sent a letter to the world’s leading fossil fuel insurers, detailing how they can accelerate the transition to a clean and just energy economy. Demands in the letter …

50 Years of Climate Failure: 2023 Scorecard on Insurance, Fossil Fuels and the Climate Emergency

Fifty years after the industry first warned about the growing risks of climate change it continues to provide insurance that allows new fossil fuel projects to go ahead. Insurers are abandoning customers affected by climate risks, yet most continue to fuel the climate emergency by providing cover for increased oil and gas production. Download the …

Oil Rig at Sunset

In a new fossil fuel policy Helvetia offers insurance for the oil companies it divests from

St. Gallen, 30 July 2023 – Helvetia, one of the biggest Swiss insurance companies, has adopted a new fossil fuel policy which excludes cover for new coal and extreme oil projects and excludes investments in coal, oil and gas companies which are still expanding their production. Through a massive loophole, the policy however allows Helvetia …

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