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 …

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 …

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.  

Insurers accelerated the shift away from coal, new study finds

Fossil fuel exclusions are effective but Lloyd’s and Zurich play questionable roles. Insurance companies which adopted coal restrictions significantly reduced the number of coal mines and the amount of coal which they insured in the United States, thus contributing to the shift away from coal. This is the main finding of a new working paper which …

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 …

18 global insurers and 10 banks have excluded the Alaska LNG from their support

18 global insurers and 10 banks have excluded the Alaska LNG from their support – Environmental NGOs urged Tokio Marine to comply its policy at the annual general meeting – Japan Center for a Sustainable Environment and Society (JACSES) Friends of the Earth Japan Mekong Watch Rainforest Action Network (RAN) Oil Change International First published …

Climate change: senior insurance leader warns of economic collapse

Zurich, 31 March 2025 – Why are all his peers remaining silent? Managing the risks of natural disasters, insurers are well aware of the fundamental risks which climate change poses to the global financial system and society. Munich Re first predicted growing climate risks in 1973, and the then CEO of AXA famously warned in …

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 …

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