What you should know
Fossil fuel companies can’t operate without insurance. Despite the risks that climate change poses to their business model, major insurance companies refuse to stop contributing to the crisis. Insurers provide coverage to coal, oil, and gas projects – and they use customers' premiums to invest in fossil fuel companies, enabling even more projects to be built. AIG, for example, is a top three insurer of oil and gas, and had $26.8 billion invested in fossil fuels in 2017 (the most recent year for which data is available). We are calling on the world's top insurers of coal, oil, and gas to drop coverage of and investments in fossil fuels, and start insuring our future instead.