Analysis

Briefing: Lloyd’s in climate crosshairs as campaigners call for fossil fuel exit

By 2025-11-05T09:00:00

Coal

Although passionate protestors declare that Lloyd’s of London is ‘condemning us all to a future of climate chaos’ by insuring fossil fuel projects, there is still a waiting game to be played as the renewable energy sector attempts to gain critical mass

As the United Nation’s annual climate conference, Conference of the Parties (COP), prepares to begin in Brazil next week (10 to 21 November 2025), the world’s oldest insurance market is copping it from climate campaigners.

For years now, non-governmental research and campaigning organisation Reclaim Finance has called on Lloyd’s of London to halt its insurance of fossil fuel projects, claiming that this activity goes against global efforts to reduce carbon emissions and mitigate the detrimental effects of climate change.

Read more…

Explore more ESG related content here, or discover more briefings here

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

REGISTER NOW FOR FREE

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Uncover Secrets: Dive deep with exclusive annual reports, fueled by expert insights.
  • News That Matters: Award-winning coverage & analysis, delivered to your inbox.
  • Stay Ahead, Your Way: Daily or weekly - choose your news rhythm.
  • Own Your Learning: Curate your knowledge with a personalized library.

Register for FREE now and Keep Reading

Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.