Lloyd's of London
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UK: Lloyd's Corporation divests from coal-heavy businesses amid climate change concerns
Author: Bethan Moorcraft, Insurance Business America
"Lloyd's Corporation joins coal-heavy investment boycott", 17 Nov 2017...
- Related stories: Global insurance cos & pension funds announce coal divestments amid urgent calls to address climate change
- Related companies: Allianz AXA Lloyd's of London Swiss Re Zurich
Switzerland: Zurich Insurance ends coal investments over mounting climate change concerns
Author: Lucy Burton, The Telegraph (UK)
"Zurich ends coal investments as insurers pull $20bn from sector", 15 Nov 2017...
European insurance firms still underwriting coal projects, Profundo report finds; NGOs call for policy change
Lloyd's & Oxford Univ. report urges insurance industry to act on climate change to avoid stranded assets
Author: Chris Seekings, Actuary Magazine
"Action needed to avoid climate change leaving insurance industry with ‘stranded assets’", 27 Feb 2017...
- Related companies: Lloyd's of London
Slavery reparations lawsuit (re USA)
Author: Business & Human Rights Resource Centre
Descendants of 19th-century African-American slaves filed nine lawsuits seeking reparations from corporations in various US federal courts during 2002. The plaintiffs alleged that the defendant corporations (financial, railroad, tobacco, insurance,...
- Related stories: Slavery reparations lawsuit (re USA)
- Related companies: Aetna Bank of America Brown & Williamson (now Reynolds American) CSX Fleet (part of Bank of America) JPMorgan Chase Lehman Brothers Liggett (part of Vector Group) Lloyd's of London Loews New York Life Norfolk Southern Reynolds American RJ Reynolds (part of Reynolds American) Union Pacific Westpoint Stevens
Case profile: Slavery reparations lawsuit (re USA)
Author: Business & Human Rights Resource Centre
[Business & Human Rights Resource Centre case profile for class action lawsuit against financial, railroad, tobacco, insurance, and textile companies over their alleged collaboration with slavery.]
Author: Kate Geary, Oxfam Grande-Bretagne
Au cours des dix dernières années, une surface équivalente à huit fois la superficie du Royaume-Uni a été vendue à l’échelle mondiale dans un contexte d’accélération rapide des acquisitions de terres. Ces terres pourraient permettre de subvenir aux...
Obama administration sues BP, others over Gulf spill
Author: Jeremy Pelofsky, James Vicini, Reuters
The Obama administration...launched a legal battle against BP Plc and its partners by suing them for the worst offshore oil spill in U.S. history, which could cost the companies billions of dollars..."While today's civil action marks a critical step...
- Related stories: US Deepwater Horizon explosion & oil spill lawsuits
- Related in-depth areas: Latest Legal News
- Related companies: Anadarko (now part of Occidental Petroleum) BP ExxonMobil Halliburton Lloyd's of London Mitsui MOEX (part of Mitsui) Transocean
Investors Ask Oil, Insurance Groups to Disclose Safety Plans
Author: Nathaniel Gronewold, Greenwire blog, on New York Times
A coalition of...investors is demanding oil and gas companies disclose their existing safeguards and plans of action in the event of another offshore rig disaster and possible oil spill like the one experienced by BP PLC and other companies in the Gulf...
- Related stories: Investors demand oil & gas companies to disclose safeguards, action plans for offshore rig disasters & spills
- Related companies: A.P. Moller - Maersk Group ACE Group AIG Anadarko (now part of Occidental Petroleum) Apache Aspen Insurance BG Group (part of Shell) BHP Billiton BP Catlin Chevron ConocoPhillips Eni Equinor (formerly Statoil) ExxonMobil Hanover Insurance Hess Corporation Husky Energy Lloyd's of London Maersk (part of A.P. Moller - Maersk) Marathon Oil Munich Re Murphy Oil Nexen OMV Petrobras Repsol YPF Shell Suncor Swiss Re Talisman (part of Repsol) Tokio Marine & Nichido (part of Millea) Total Travelers Tullow Oil
Largest Lloyd’s Managing Agent Pulls Out of Burma - Cancels Burma Insurance
Author: Burma Campaign UK
..QBE Insurance has announced it has cancelled insurance it provided to Burma and is to cease providing insurance to companies operating in the country…In a statement to the Burma Campaign UK, Frank O’Halloran, QBE’s Chief Executive said: “QBE has...
- Related in-depth areas: Complicity - an introduction
- Related companies: AIG Allianz Aon Atrium Underwriting (part of Ariel Holdings) Aviva AXA Catlin ING Lloyd's of London Munich Re QBE Insurance SCOR Swiss Re Willis