According to The Sunrise Project, a total of 26 global insurance companies have ended or limited coverage for coal projects, with many also moving to restrict services to the oil and gas sector. (Photo: Michal Krakowiak/iStockphoto)

Both Zurich Insurance Group and AXIS Captial recently announced their intentions to cease insurance coverage for controversial oil and gas projects as the insurance industry continues on a rapid trend towards climate-friendly policies.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 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.