A British human rights group has issued a report accusing Lloyd's of London and 15 other insurance companies of helping to prop up the "brutal dictatorship" that rules Myanmar.

The Burma Campaign UK report also said that after it had applied pressure, some of the world's largest insurance firms, including American International Group, had decided not to provide insurance to companies in Burma and were on Burma Campaign's "Clean List."

Johnny Chatterton, author of the report and Campaigns Officer at Burma Campaign UK, said in a statement that foreign carriers by selling insurance to companies operating in Burma "are propping up a regime that rules through fear--raping, torturing and killing Burma's civilians.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.