Archive

Lloyd's launches framework to assist market in transition to net zero

Lloyd's of London has launched its long-awaited draft roadmap for how the re/insurance market will approach the transition to net-zero emissions.

Report reveals top insurers of US coal

Global insurers AIG, Liberty Mutual, Lloyd's of London, Swiss Re and Zurich are among the top insurers of US coal mining, according to findings from Insure Our Future and Public Citizen.

Lloyd's collaborates with UNCDF on climate risk mitigation

Lloyd's: Support don't cancel fossil fuels

The debate on fossil fuels is "too black and white" said Lloyd's chairman Bruce Carnegie Brown, who added investors should support the industry to change "rather than cancel" its investment in it.

Lloyd's urged to make climate roadmap more radical

Climate campaigners have criticised a climate roadmap launched by insurance market Lloyd's of London because they say action is needed on fossil fuels to effectively address the climate crisis.

Don't wait for regulation to act on climate, EC director tells insurers

While insurers want policy makers' help to tackle climate change, they have been told not to wait for regulation to act. Meanwhile, climate activists have urged regulators and legislators to step in, as they have no confidence in the industry's ambitions

Lloyd's commits to stop investing in coal, tar sands and Arctic energy exploration

Coal campaigners take Carmichael mine fight direct to Lloyd's managing agents

Anti-coal campaigners aiming to stop development of the Australian Carmichael coal mine have targeted managing agents of Lloyd's syndicates in a week of direct phone calls demanding they rule out underwriting the controversial project.

UK finance sector gets new advice on climate-related risks

Insurers' oil and gas activities to be next under spotlight

Re/insurers around the world should limit their support for oil and gas projects and have until mid-September to explain the measures they are taking to reduce exposure to the sector, according to environmental NGOs.