Anonymous Markel Staff Survey

Thank you for taking the time to fill out this survey. Its purpose is to understand staff views regarding Markel's contribution to global warming via the underwriting of expansionary coal, oil and gas projects, including the Adani Carmichael coal project in Queensland, Australia, and the impacts climate change is having and will have on the company.

It is anonymous and takes three minutes to complete.

This survey is organised by Market Forces, an independent environment group that advocates for finance and investment to be directed away from activities that harm the environment and towards activities that protect and enhance it.

1. Do you believe that it is in the insurance industry’s and therefore Markel's best interest to limit climate change as much as possible, due to climate change’s worsening of extreme weather around the world?*

Yes
No
Unsure

2. Were you aware that Markel is open to underwriting fossil fuel projects, the main drivers of climate change?*

Yes
No

3. Do you think that Markel should stop underwriting projects that expand the coal, oil or gas industries?*

Yes
No
Unsure

4. Would you like to see Markel progressively phase out the underwriting of fossil fuels?*

Yes
No
Unsure

5A. Since December 2018, thirty-two of the world’s biggest insurance companies have publicly ruled out underwriting the Adani Carmichael coal project. This includes 22 Lloyd's syndicates, including three which are currently insuring the project, but have vowed not to renew policies. This project involves building the biggest black coal mine in Australia in an as yet untapped coal basin. Do you think that Markel should join these companies and rule out insurance for the Adani Carmichael coal mine/rail/port project?*

Yes
No
Unsure

5B. How would you feel if Markel is indeed involved in Adani's destructive Carmichael coal project?

5C. In the past year, global insurers like Zurich, Munich Re, and AXIS Capital have ruled out insuring the Trans Mountain oil sands pipeline in Canada. However, Lloyd’s syndicates are currently underwriting the highly controversial project, which poses major risks to Indigenous rights, the global climate, and local ecosystems. Do you think that Markel should join these companies and rule out insurance for the Trans Mountain oil sands pipeline?*

Yes
No
Unsure

6. Confirmation: I am an Markel staff member*

Yes
No

7. Any comments, questions or information you'd like to tell us?

8. If you would like to hear more about this campaign, or would like to be put in touch with colleagues who also want to push Markel and the Lloyd's marketplace to do more on climate, please enter your email below. Your reply to this survey will remain anonymous and we won’t share your email address with anyone without permission.

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