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.

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

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].