Chubb withdraws from coal underwriting over climate change fears

A coal power plant with a cooling tower

Chubb will phase out its coal insurance policies within the next three years, amid climate fears.

As part of its new policy concerning coal-related underwriting and investment, Chubb said it will no longer underwrite the construction and operation of new coal-fired plants or new risks for

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How insurers are assisting with the energy transition

How insurers are enabling a “less volatile” transition away from fossil fuels is the focus of the second of two special Insurance Post Podcasts, to coincide with the 2024 United Nations Climate Change Conference, more commonly known as COP29.

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