Swiss Re to drop cover for carbon-intensive oil and gas firms
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Swiss Re to drop cover for carbon-intensive oil and gas firms

Swiss Re logo Zurich new.jpg

Swiss Re will stop providing insurance policies to oil and gas companies within the world’s top-10% decile of energy firms that are most carbon-intensive in their operations.

The enhanced measure, which takes effect from July 2023, turns the screw on Swiss Re’s existing policy to decarbonise its portfolio, as the (re)insurer transitions to net-zero emissions across its operations, insurance and investments.

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