17 December 2020 Under pressure from the #StopAdani and #InsureOurFuture campaigns, Lloyd’s of London has just told its insurers to exclude new insurance for thermal coal mining, tar sands and arctic drilling by 2022 and phase out all insurance cover for these fossil fuels by 1 January 2030. While the … Read More
Media Release: Lloyd’s takes a step away from coal, threatening Adani’s Carmichael project
17 December 2020 Lloyd’s of London will be publishing its first Environment Social and Governance (ESG) Report today, potentially ending the Adani Carmichael coal project’s ability to secure insurance in its marketplace. According to reports, Lloyd’s is recommending companies operating in its market end the provision of new insurance policies … Read More
Media Release: Fidelis becomes 28th major insurer to rule out Adani Carmichael coal project
Wednesday 16 December 2020 In an email to Market Forces (available upon request, received Friday 11 December) specialty re/insurer Fidelis has confirmed that its recently published Environment and Sustainability Statement rules it out of underwriting the Adani Carmichael coal project. This makes it the 28th insurer to publicly make this … Read More
Despite record hurricane season, Bermuda’s insurers still backing coal
7 December 2020 2020’s Atlantic hurricane season has been by far the worst ever recorded. On November 10, Theta became the 29th named storm, surpassing the record from 2005, with three weeks of the official hurricane season still to go. Scientists say the links between worsening storm seasons, elevated ocean … Read More
Adani loses another insurer as Lloyd’s market feels the pressure
29 October 2020 Another Lloyd’s insurer that is providing cover for the Adani Carmichael project has committed to not renewing or taking on any new policies with the destructive coal project. Apollo Underwriters is the latest Lloyd’s syndicate to dump Adani and the second of its current insurers to do … Read More
Only 9 Lloyd’s insurers left refusing to answer Adani questions
11 September 2020 The #StopAdani campaign has narrowed the field to just nine Lloyd’s insurers which have yet to provide a statement about whether they are insuring the destructive Adani Carmichael coal project or intend to do so in the future. In June, a leak from a brave Marsh (Adani’s … Read More
