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Zurich Insurance to halt coverage of new fossil-fuel exposures

Zurich Insurance to halt coverage of new fossil-fuel exposures

by AIP Online Bureau | Apr 8, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management

Zurich says its policy update is limited to new fossil-fuel projects, and that it will continue to underwrite existing ones. The company also says the measures are unlikely to have a significant impact on its bottom line Zurich Insurance Group AG will no longer...

Shipping giants want an end date for fossil fuel-only

by AIP Online Bureau | Dec 4, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Technology

Shipping is a major source of carbon emissions and the industry spewed more than 1 billion tons in 2018. While the sector is making some moves toward decarbonising, progress is relatively limited so far, with the vast majority of the world’s fleet still running on...

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