Climate campaign group slams government’s captives consultation
Global NGO campaign Insure Our Future has criticised HM Treasury’s captives consultation due to the potential for lowering capital requirements for captives to benefit from the fossil fuel industry.
The group cited data from Insuramore, which found that in 2023 over 30% of the global fossil fuel insurance market was covered by captive insurance.
Insure Our Future argues that the consultation’s
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