'A strong message': Insurance giant Swiss Re unveils plan to restrict cover for new oil and gas projects

Michael Holder
clock • 3 min read
Swiss Re is the first major insurer to back away from most oil and gas projects | Credit: iStock
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Swiss Re is the first major insurer to back away from most oil and gas projects | Credit: iStock

Swiss firm confirms it will no longer provide insurance for new oil and gas projects unless developers can show they have credible net zero transition plans

Swiss Re has said it will no longer provide insurance for most new oil and gas projects, as the world's second biggest insurer unveiled plans to tighten its policies for providing cover to fossil fuel...

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Michael Holder
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Michael Holder

Environmental journalist and editor

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