The next corporations are doing effectively, based on Insure Our Future, a research on the position of the worldwide insurance coverage business within the fossil gas sector:
Insurer | Fossil gas insurance coverage rank | Fossil gas funding rank | Different local weather management rank |
Allianz | 1 | 3 | 2 |
AXA | 2 | 1 | 3 |
AXIS Capital | 3 | 4 | 11 |
Swiss Re | 4 | 4 | 4 |
Zurich | 5 | 6 | 5 |
Hannover Re | 6 | 12 | 11 |
Mapfre | 7 | 8 | 10 |
Generali | 8 | 7 | 7 |
SCOR | 9 | 1 | 8 |
QBE | 10 | 13 | 9 |
Aviva | 11 | 23 | 1 |
Munich Re | 12 | 9 | 6 |
HDI International | 13 | 9 | 11 |
The Hartford | 13 | 11 | 11 |
Tokio Marine | 15 | 16 | 11 |
Lloyd’s | 16 | 16 | 11 |
MS&AD | 17 | 16 | 11 |
Samsung FM | 17 | 16 | 11 |
Chubb | 19 | 15 | 11 |
Liberty Mutual | 20 | 14 | 11 |
Ping An | 21 | 16 | 11 |
Sompo | 21 | 16 | 11 |
W.R. Berkley | 23 | 16 | 11 |
AIG | 23 | 24 | 11 |
Berkshire Hathaway | 23 | 24 | 11 |
Convex | 23 | 24 | 11 |
Everest Re | 23 | 24 | 11 |
PICC | 23 | 24 | 11 |
Sinosure | 23 | 24 | 11 |
Vacationers | 23 | 24 | 11 |
In the meantime, Insure Our Future has lamented that because the insurance coverage business’s exit from coal accelerates, so does oil and gasoline. In line with the foyer group, solely AXA, Generali and Suncorp (not included within the rating) have insurance policies that deny protection for a lot of or all new oil and gasoline manufacturing initiatives.
In line with Insure Our Future, no insurer in Asia or america has stated it is going to finish oil and gasoline insurance coverage. In the meantime, AXA, the world’s largest fossil gas insurer, says it not too long ago adopted an oil and gasoline coverage.
In line with Peter Bosshard, world coordinator of Insure Our Future, which is attending the twenty sixth United Nations Local weather Change Convention in Glasgow, “the insurance coverage business has deserted local weather management by persevering with to underwrite new oil and gasoline initiatives.” The scientific consensus is unequivocal: “we can’t keep away from a local weather disaster if we broaden fossil gas manufacturing.”