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We can’t keep global warming to 1.5 °C if oil and gas production continue to expand. The new #InsureOurFuture campaign calls on insurers to stop insuring oil and gas expansion. Who are the main actors in this business? (1/8) Image
The world’s biggest oil and gas insurers are @AIGinsurance, @Travelers, @Zurich and @LloydsofLondon, a new #InsureOurFuture report reveals. (2/8)… Image
Next in line: second-tier oil and gas insurers @Allianz, @Chubb, @LibertyMutual, @MAPFRE and @WRBerkleyCorp. We’re watching you! (3/8) Image
Also important: @AXA, @BritInsurance/Fairfax, @MunichRe, People's Insurance Company of China (PICC), @StarrCompanies, @tokiomarine and @TheHartford. (4/8) Image
Interesting: 8 of these 16 insurers are moving away from coal. They need to stop insuring new oil and gas projects as well! (5/8) Image
New oil and gas projects only generate 0.1% of all non-life insurance premiums – much less than insurers’ losses from the climate crisis! How much are insurers prepared to pay for their climate credibility? (6/8)
18 NGOs of the #InsureOurFuture campaign have called on the world’s insurance industry to stop insuring new oil and gas projects. Actions will follow! (7/8)… Image
When governments are bailing out fossil fuel companies, insurers need to stand up for climate science. #InsureOurFuture and stop insuring coal and gas expansion now! (8/8)
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