Convex publicly rules out insuring Adani and further thermal coal production

coal power pollution silhouette

Convex has ruled out insuring Adani’s Carmichael coal mine and any new thermal coal production following pressure from climate change campaigners.

Convex is the 43rd insurer to rule out underwriting of Adani’s coal mine.

In a statement published on 1 February 2022, Convex has confirmed that in line with its ESG policy it will not insure the

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MGAs Review of the Year 2025

An MGA chief would like Sir Bob Geldof to teach the industry a thing or two about social responsibility in 2025, and leaders are confident that while the hard market was punishing for a time in 2024, next year the sector is well-positioned to lead innovation and remain agile.

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