[cs_element_section _id="1" ][cs_element_layout_row _id="2" ][cs_element_layout_column _id="3" ]UPDATE 4 October 2019 AXIS Capital and Canopius have withdrawn from the rail line insurance deal! AXIS made a statement saying it "...confirmed that...
Stop Adani
Tip-off reveals AIG is Adani’s insurer
16 September 2019 A tip-off from a staff member has revealed that US-based AIG is providing insurance for Adani’s preliminary works at the Carmichael coal mine site, and for Directors and Officers liability. Adani’s insurance policies are due to expire on 30 September...
Over 100,000 people call on AIG to #StopAdani
29 August 2019 A petition with over 135,000 signatures from all over the world was handed to AIG at its Australia headquarters in Sydney today, calling on the company to rule out insuring the disastrous Adani Carmichael coal project. Action outside AIG's Sydney...
Take Action: HSBC violates its coal mining policy to fund Adani Carmichael
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ]23 August 2019 Over 55 major corporations, from banking and insurance to engineering and construction, have ruled out working on the disastrous Adani Carmichael coal...
Westpac and HSBC violate their coal policies to fund Adani Carmichael
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][x_image type="none" src="https://www.marketforces.org.au/wp-content/uploads/2019/08/Adani-Abbott-Point-spillage-coal-Dean-Sewell.jpg" alt="" link="false" href="#" title=""...
Media release: Chubb’s coal policy has an Australia-sized loophole
July 9, 2019 Chubb’s new restrictions on its underwriting and investments in thermal coal have come under attack from Australia, as groups there call upon the insurer to clarify its stance on the controversial Adani Carmichael coal project. Chubb’s policy rules out...
Banks could accidentally fund Carmichael coal via Adani bond issue
8 July 2019 In early July 2019 Adani issued US$1billion in bonds for one part of its business (Adani Ports and Special Economic Zone), which nine major banks invested in. This company operates several ports in India. Unfortunately, the evidence shows that the Adani...
Adani still vulnerable on insurance for its Carmichael mine and railway
28 June 2019 See which companies are Adani's catastrophic Carmichael coal project Like the stampede that saw almost 40 major banks turn their backs on Adani’s Carmichael coal mine and rail project (eventually forcing Adani to pledge it will “self-fund”), major...
Non, merci! Rothschild & Co. walks away from Adani
16 May 2019 In May 2018 it was revealed that French investment bank Rothschild and Co was helping Adani to sell a minority stake in the Abbot Point coal terminal on the North Queensland coast. The terminal would act as the port through which coal from the proposed...
Aurecon attempts to spin its way off the Adani List
18 March 2019 Aurecon, a major consultancy working for Adani’s Abbot Point coal port, is taking Orwellian corporate spin to a new level by telling university students and its own staff it is not working on the disastrous Adani Carmichael project. It justifies this...