According to RAN, Liberty Mutual is a top global insurer of coal, oil and gas. Their white paper says the company invests more than $6.6 billion in fossil fuel companies, including $1.5 billion in thermal coal. (Credit: Nicole S Glass/Shutterstock) According to RAN, Liberty Mutual is a top global insurer of coal, oil and gas. Their white paper says the company invests more than $6.6 billion in fossil fuel companies, including $1.5 billion in thermal coal. (Credit: Nicole S Glass/Shutterstock)

Yesterday, October 16, insurer and reinsurer AXIS Capital announced a new policy on fossil fuels in an effort to help expedite the transition to a low-carbon economy.

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