US insurers urged to take climate action amid impact on coverage

California house fire
The study by ERM, Persefoni and Ceres says that the US is the most vulnerable country in the world to severe, weather-related property destruction (Photo: Jeff Chiu/AP Photo)

New research reveals that US insurers held $536bn in assets linked to fossil fuels in 2019 – even though some have blamed climate change for increasing premiums and reduced coverage. The US top 16 insurers owned half of fossil fuel-related assets held by insurers in 2019, according to a new ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Sycamore tree felled
Daily Briefing
September 29, 2023

Editor’s note: California's emissions bill, Sunak and British ecological self-sabotage

The latest edition of our Sustainable Views newsletter
Read more