Insurance Report

Demonstrators target emergency meeting of U.N. climate change group

  • 📰 WashTimes
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

İnsurance İnsurance Headlines News

İnsurance İnsurance Latest News,İnsurance İnsurance Headlines

A conservative activist group is taking its anti-ESG advocacy Thursday to the doorsteps of businesses in New York that are part of a U.N. coalition of insurance companies dedicated to ending fossil fuel emissions by 2050.

Before Thursday, four major insurance companies — Swiss Re, Munich Re, Zurich Insurance and Hannover Re — had left theclimate alliance since March amid warnings from 23 attorneys general that the companies’ embrace of environmental, social and corporate governance investing known as ESG could be running afoul of U.S. antitrust laws. The elected officials accuse the companies of colluding to raise insurance rates and contributing to inflation and high energy costs.

But that number rose to at least seven by Thursday, with French insurers Axa SA and Scor SE, in addition to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 235. in İNSURANCE

İnsurance İnsurance Latest News, İnsurance İnsurance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Insurers flee climate alliance after ESG backlash in the U.S.A United Nations-convened climate alliance for insurers suffered at least three more departures on Thursday including the group's chair, as insurance companies take fright in the face of opposition from U.S. Republican politicians.
Source: Reuters - 🏆 2. / 97 Read more »