Climate campaigners claim victory after insurers rule out EACOP

Stop EACOP protestors outside Chubb and AIG offices
Extinction Rebellion

Reinsurance companies Sirius Point, Riverstone International, Enstar Group, and specialty insurers Blenheim and SA Meacock, have all officially ruled out involvement in the East African Crude Oil Pipeline.

These decisions come after months of targeted efforts by environmental campaigners, including Coal Action Network, Insure Our Future, Money Rebellion and Stop EACOP, to hold insurance firms

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.