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26 Aug 2008

Compiled by Business & Human Rights Resource Centre

Burma Campaign UK report "Insuring Repression" & company responses

Burma Campaign UK published a report, "Insuring Repression - Exposing how the insurance industry supports Burma’s dictators". [Page provides links to press release & full report]...Business & Human Rights Resource Centre invited the 14 companies named in the report's "Insurance Dirty List" to respond to the report: ACE - has provided a response Al Wasl Insurance Brokers - has provided a response Atrium Underwriting [part of Ariel Re] - did not respond Catlin - did not respond Labuan Re - did not respond Lloyd's - has provided a response Mitsui Sumitomo Insurance - has indicated it will provide a response OCBC Bank - has provided a response; also includes response by OCBC subsidiary Great Eastern Life Pana Harrison - did not respond QBE - did not respond Sompo Japan Insurance - has provided a response Target Insurance Brokers - did not respond Tokio Marine [part of Millea] - did not respond [Two companies, XL Capital and Arab Insurance Group, were deleted from Burma Campaign's report following their decisions not to insure business in Burma. Page includes links to responses by XL Capital and Arab Insurance Group (Arig) to the Resource Centre, and related press releases by Burma Campaign UK. Also refers to Chubb.]

Part of the following timelines

UK Foreign Office writes to Lloyd's of London to outline its disapproval of company's involvement with Burma

Burma Campaign report on insurance firms - company responses & non-responses