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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 …

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 …

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 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 …

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 …

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 …

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 …

(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 …

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

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 …

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 …

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 …

Tokyo, October 28, 2024 – In the last week of August, five environmental NGOs (Japan Center for a Sustainable Environment and Society (JACSES), Friends of the Earth Japan, Mekong Watch, Rainforest Action Network, Insure Our Future) sent a request letter to 50 financial institutions that are major shareholders of SOMPO Holdings, requesting to engage with …

Trieste, 22 October 2024 – Today, Italian insurer Generali announced it will no longer provide insurance for risks associated with oil and gas expansion, including new liquified natural gas (LNG) terminals and gas-fired power plants (1). Generali is the first insurer globally to adopt a policy covering the entire oil and gas value chain for …

London, 15 April 2024 – A major investigation into the world’s 65 largest insurance companies from the responsible investment charity ShareAction, released 11 April 2024, shows that both people and planet face the triple whammy from insurance companies underwriting and investing in projects that are increasing global warming, damaging the natural environment and failing to …

Global, 9 November 2023 – Fifty years after the insurance industry first warned about the impact of climate change it is continuing to fuel the climate emergency, the Insure Our Future campaign warns today in its seventh annual scorecard on insurers’ climate policies. The growing frequency and severity of floods, hurricanes, wildfires, droughts and other …

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 …

Kinshasa, 8 September 2023 – Any company granted exploration and exploitation rights in the Democratic Republic of Congo (DRC) oil auction could find itself without financial protection, according to a report published today by Greenpeace Africa, Insure our Future, Reclaim Finance and Urgewald. If leading insurance and reinsurance companies follow their commitments and their general …

On September 7, 2023, leading global insurance company Allianz published its first Net Zero Transition Plan.  Peter Bosshard, Global Network Coordinator of the Insure Our Future campaign commented: Allianz’s transition plan is transparent, comprehensive, timely and in many ways ambitious but contains serious gaps when it comes to new gas infrastructure. If Allianz closes these loopholes, its transition …

Written in collaboration with Reclaim Finance. Numerous insurers have quit the Net Zero Insurance Alliance (NZIA) under pressure from climate denying politicians and officials in the United States. The insurance industry has for decades been aware of the causes and serious consequences of climate change and its business model is being shaken by repeated multi-billion …

Oslo, 24 May 2023 – A new report from Greenpeace Nordic reveals for the first time the extent that insurance companies are prioritising dirty profits over the future of the planet by facilitating new oil and gas projects in defiance of the Paris Agreement targets and their own greenwashing rhetoric. The report, Ensuring Disaster, was …

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 …

Originally published in ESG Investor on February 9, 2023 Since activist short-seller Hindenburg Research accused the Adani Group of “pulling the largest con in corporate history” on 25 January, the value of the world’s biggest private developer of new coal has been in free fall. The exposure of Adani’s fraud sheds an embarrassing light on organisations – …