insurance and coal investments Archives

Chubb Becomes First U.S. Carrier to Phase Out Coal Investments/Insurance Policies

Chubb Ltd will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than ...

Munich Re Will Halt Investment in Coal-Related Businesses

Munich Re, the world's biggest reinsurer, will stop investing in bonds and shares of companies that generate more than 30 percent of their sales with coal-related business, its chief executive said, ...

Swiss Re Launches Restrictive Coal Exposure Coverage Policy

Swiss Re has started a policy where it will not provide insurance or reinsurance to businesses with more than 30 percent thermal coal exposure. The policy, first announced in June 2017, is designed ...

European Insurers Surpass U.S. Rivals in Coal Investment Exits: Campaign Group

Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S. insurers has taken "meaningful action," campaign group Unfriend Coal said on Wednesday. ...