Marsh and the Banshkhali coal power station in Bangladesh: What you should know

For a new coal plant or oil pipeline to happen, fossil fuel developers need to be matched with insurers who can provide the coverage needed to build and operate these projects — that’s where insurance brokers like Marsh come in. Brokers play a critical (if often neglected) role in making coal, oil, and gas projects …

Aon & Marsh endorse Vietnamese coal project, violating human rights and climate goals

The Insure Our Future campaign and Market Forces urge insurance brokers Aon and Marsh to retract their advisory roles in a proposed $2.6 billion Vietnamese coal-fired power station – linked to “excessive” environmental, health and human rights impacts – in letters released today. The project, Van Phong 1, is set to be built in Van …

World’s largest brokers refuse to rule out support for giant Adani coal mine

The world’s largest insurance brokers have refused to rule out support for the giant Carmichael coal mine in Australia, despite growing opposition to the project among insurers and financial institutions. 73 organisations with a combined membership of more than 76 million wrote to Marsh, Aon, Willis Towers Watson, the JLT Group and Arthur J. Gallagher, …

Will insurance brokers Insure Our Future?

Matching developers with insurers, insurance brokers play a critical (if often neglected) role in making coal projects happen. New mining or infrastructure projects are typically insured by syndicates of 15 or more participants. Their developers invariably rely on brokers to manage their risks and arrange the proper insurance coverage. Only four corporations – Marsh, Aon, …

Global insurance companies face pressure to refuse support for Adani Group’s Carmichael coal mine

Organizations with 76 million members warn project would have disastrous impact on climate change 73 organizations, representing a combined membership of more than 76 million people, are sending an open letter to 30 global insurance companies today, calling on them to publicly rule out any insurance services for Adani Group’s Carmichael coal mine and associated …

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