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Today's Solutions: January 19, 2021

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insurance

Coal power is becoming ‘uninsurable’ as major insurance firms refuse coverage

December 4, 2019 by Ivar Laanen

It was a historic year in the fight against coal power as ten major insurance firms moved to restrict the insurance coverage they offer to companies that build or operate coal power plants, taking the global total to 17. 2019 saw the number of insurers refusing coverage for coal … [Read more...] about Coal power is becoming ‘uninsurable’ as major insurance firms refuse coverage

Chubb becomes America’s first insurance company to step away from coal

July 9, 2019 by Ivar Laanen

US insurance giant Chubb Limited just announced new policies when dealing with coal, and it’s not going to make friends of the fossil fuels industry happy. The company announced it no longer will underwrite the construction and operation of new coal-fired plants or new risks … [Read more...] about Chubb becomes America’s first insurance company to step away from coal

Divestment from coal is good business for French insurance giant Axa

May 28, 2015 by Jurriaan Kamp

The international fossil fuel divestment movement has been growing steadily, ahead of the U.N. Climate Summit in Paris later this year. The most recent announcement comes from French insurance giant Axa, who is slated to sell $559 million of its coal investments, while having … [Read more...] about Divestment from coal is good business for French insurance giant Axa

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