The 2021 Scorecard on Insurance, Fossil Fuels & Climate Change
This is the fifth annual Scorecard on Insurance, Fossil Fuels and Climate Change published by the Insure Our Future campaign. The Scorecard analyses the evolving role of the global insurance industry in the fossil fuel sector and in avoiding catastrophic climate collapse. It focuses on 30 leading primary insurers and reinsurers, assessing and scoring their policies on insuring and investing in coal, oil, gas, and other aspects of climate (in)action. The report highlights progress and loopholes, calls out leaders and laggards, and identifies challenges and opportunities for the year ahead.
| Company | Country | Fossil Fuel Insurance | Fossil Fuel Divestment | Other Climate Leadership |
|---|---|---|---|---|
| Allianz |
 |
4.7 / 10
Rank 1
|
4.4 / 10
Rank 3
|
4.5 / 10
Rank 2
|
| AXA |
 |
4.6 / 10
Rank 2
|
5.4 / 10
Rank 1
|
4.0 / 10
Rank 3
|
| Axis Capital |
 |
3.9 / 10
Rank 3
|
3.5 / 10
Rank 4
|
0.0 / 10
Rank 11
|
| Swiss Re |
 |
3.6 / 10
Rank 4
|
3.5 / 10
Rank 4
|
3.8 / 10
Rank 4
|
| Hannover Re |
|
3.2 / 10
Rank 6
|
1.1 / 10
Rank 12
|
0.0 / 10
Rank 11
|
| Zurich |
|
3.2 / 10
Rank 5
|
3.3 / 10
Rank 6
|
3.5 / 10
Rank 5
|
| Mapfre |
 |
2.8 / 10
Rank 7
|
1.7 / 10
Rank 8
|
1.4 / 10
Rank 10
|
| Generali |
 |
2.6 / 10
Rank 8
|
2.9 / 10
Rank 7
|
3.3 / 10
Rank 7
|
| QBE |
 |
2.1 / 10
Rank 10
|
1.0 / 10
Rank 13
|
2.2 / 10
Rank 9
|
| SCOR Re |
|
2.1 / 10
Rank 9
|
5.4 / 10
Rank 1
|
3.1 / 10
Rank 8
|
| Munich Re |
|
1.8 / 10
Rank 12
|
1.6 / 10
Rank 9
|
3.5 / 10
Rank 6
|
| Aviva |
 |
1.8 / 10
Rank 11
|
0.1 / 10
Rank 23
|
5.0 / 10
Rank 1
|
| The Hartford |
 |
1.3 / 10
Rank 13
|
1.5 / 10
Rank 11
|
0.0 / 10
Rank 11
|
| HDI Global |
|
1.3 / 10
Rank 13
|
1.6 / 10
Rank 9
|
0.0 / 10
Rank 11
|
| Tokio Marine |
 |
1.2 / 10
Rank 15
|
0.4 / 10
Rank 16
|
0.0 / 10
Rank 11
|
| Lloyd’s |
|
0.9 / 10
Rank 16
|
0.4 / 10
Rank 16
|
0.0 / 10
Rank 11
|
| MS&AD |
|
0.8 / 10
Rank 17
|
0.4 / 10
Rank 16
|
0.0 / 10
Rank 11
|
| Samsung FM |
 |
0.8 / 10
Rank 17
|
0.4 / 10
Rank 16
|
0.0 / 10
Rank 11
|
| Chubb |
|
0.7 / 10
Rank 19
|
0.6 / 10
Rank 15
|
0.0 / 10
Rank 11
|
| Liberty Mutual |
|
0.4 / 10
Rank 20
|
0.8 / 10
Rank 14
|
0.0 / 10
Rank 11
|
| Ping An |
 |
0.3 / 10
Rank 21
|
0.4 / 10
Rank 16
|
0.0 / 10
Rank 11
|
| Sompo |
|
0.3 / 10
Rank 21
|
0.4 / 10
Rank 16
|
0.0 / 10
Rank 11
|
| AIG |
|
0.0 / 10
Rank 23
|
0.0 / 10
Rank 24
|
0.0 / 10
Rank 11
|
| Berkshire Hathaway |
|
0.0 / 10
Rank 23
|
0.0 / 10
Rank 24
|
0.0 / 10
Rank 11
|
| Convex |
|
0.0 / 10
Rank 23
|
0.0 / 10
Rank 24
|
0.0 / 10
Rank 11
|
| Everest Re |
|
0.0 / 10
Rank 23
|
0.0 / 10
Rank 24
|
0.0 / 10
Rank 11
|
| Sinosure |
|
0.0 / 10
Rank 23
|
0.0 / 10
Rank 24
|
0.0 / 10
Rank 11
|
| Travelers |
|
0.0 / 10
Rank 23
|
0.0 / 10
Rank 24
|
0.0 / 10
Rank 11
|
| W.R. Berkley |
|
0.0 / 10
Rank 23
|
0.4 / 10
Rank 16
|
0.0 / 10
Rank 11
|
Insurers are ditching coal
Number of companies with underwriting policies by fossil fuel sub-sector
Coal Becoming unusable
- 2017
- 2018
- 2019
- 2020
- 2021
Methodology
Insure Our Future shared a scoring grid questionnaire and a list of criteria detailing how their policies would be scored with the 30 insurers, requesting a reply by August 15. By the end of September, 18 companies had replied. Companies that did not respond were scored based on their current policy commitments.