Tokyo cityscape at sunset by Claudio Ventrella

Open letter demanding climate risk regulatory action from the International Association of Insurance Supervisors

Tokyo, 31 October 2023 Dear IAIS Executive Committee Chair Saporta and Vice Chair Ariizumi: CC: IAIS Executive Committee, Climate Risk Steering Group Chair and Vice Chair, and Secretariat We write to you today from dozens of climate, environment, and consumer protection organisations, as you prepare for the IAIS annual meeting, to express our deep concern …

U.S. Senate Budget Committee’s letters to insurance companies

Senator Whitehouse (D-RI), Chairman of the Senate Budget Committee, and fellow Committee members Senators Wyden (D-OR) and Sanders (I-VT) launched an investigation into how the U.S. insurance industry evaluates climate-related risks, decides to invest in or underwrite fossil fuel expansion projects that drive such risks, and prices policies that insure such projects. In letters sent to AIG, Berkshire …

Over 500 students refuse to work for climate-wrecking Lloyd’s of London and others

Read The Guardian article, “UK students pledge ‘career boycott’ of insurers over fossil fuels,” published on May 24, 2023 covering the students who refuse to work for climate-wrecking insurance companies. The text of the letter to Lloyd’s of London, Beazley, Brit, Hiscox, Liberty Managing Agents, Chaucer and Tokio Marine Kiln management is as follows: “We, …

Open letter from 23 faith leaders: Lloyd’s of London must address its fossil fuel policy

Writing in the Times on 24 April, 2023 faith leaders called on the world’s largest insurance market to “show leadership” by ending insurance for all new fossil fuel projects. The text of the letter is below. Dear Bruce Carnegie-Brown and John Neal, As representatives of UK faith organisations, we are writing to you to ask …

Annual letter to the CEOs of 30 major fossil fuel insurers, 2023

Every year, the Insure Our Future network publishes an open letter to the CEOs of 30 major insurance companies whose fossil fuel policies are ranked annually by Insure Our Future, among which are: AIG, Allianz, AXA, Chubb, Generali, Liberty Mutual, Lloyd’s of London, Munich Re, SCOR, Sinosure, SOMPO, Tokio Marine and Zurich. The letter outlines …

Request Letter to Engage with MS&AD to Stop Underwriting Fossil Fuel Projects

The following letter was submitted by five environmental NGOs to 50 financial institutions that are major shareholders of MS&AD Insurance Group Holdings. The full version including tables and appendices are available below. January 18, 2023 Dear Shareholders of MS&AD Insurance Group Holdings, A Request to Engage with MS&AD to Stop Underwriting Fossil Fuel Projects Japan …

Letter to European insurers about Solvency II sustainability approach

Insure Our Future sent an open letter to sustainability and public policy managers of European insurers about the campaign’s concerns regarding the approach taken by the Solvency II Rapporteur MEP Markus Ferber, who has attempted to have all sustainability criteria removed from Solvency II.

Over forty environmental organizations urge Samsung to stop fueling climate change

The world’s third-largest electronics giant claims to be an innovative technology leader but faces global scrutiny on Earth Day over its over-reliance on fossil fuels   More than forty global environmental organisations sent a letter to the Samsung Group, urging the company to stop fuelling climate change and set more ambitious climate measures. The letter was delivered …

100 organisations call on Lloyd’s to reject EACOP

Nearly 100 civil society organizations working to advance human rights and environmental justice sent a letter to the Chairman and CEO of Lloyd’s of London asking that they tell their members not to provide (re)insurance coverage for the East African Crude Oil Pipeline (EACOP) project.  Citing a range of severe risks and controversies surrounding the …

Insure Our Future 2022 demands to the insurance industry

27 NGOs, as part of the Insure Our Future network, sent the following letter to insurance and reinsurance company CEOs on March 10, 2022 Dear insurance/reinsurance company CEO, The impacts of climate change are becoming ever more tangible and severe. July 2021 was the hottest month humanity has ever recorded and the last seven years have …

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