Archive

Munich Re reports 12% drop in investment result in H1

Reinsurer simultaneously announced new climate and divestment policy

Hannover Re is latest insurer to 'exit coal'

Companies that have in some way divested from coal now represent 45% of the $257.5bn global reinsurance market

Aviva under fire for taking only "baby steps" to move away from coal

Aviva has become the latest insurer slammed by the Unfriend Coal network for investing in the coal sector.

Allianz to stop investing in coal completely by 2040

German insurer Allianz has announced it will phase out investments in the coal sector completely by 2040.

Lloyd's sets criteria for coal divestment policy, but activists say it's not enough

Lloyd's of London will not invest in firms which have 30% or greater of their revenues or electricity generated from coal, produce 20 million tonnes plus of coal a year or operate 10GW or greater of coal-fired power stations, climate activists said today.

Climate lawyers pressure Lloyd's to get tough on coal

Increase capital requirement for syndicates with exposure to coal, say environmentalists

Generali to divest €2bn from coal

Insurers' third-party coal assets attacked by environmentalists

With some firms withdrawing their own investments from coal-related businesses, environmentalists are pressuring insurers to act on third-party assets. Cintia Cheong reports

Insurers shamed in ongoing criticism of coal industry investments

Munich Re, Swiss Re, Allianz, Generali and Zurich's exposure to coal exposed