Chubb no longer covers the coal-based power plants and companies whose 30% of incomes provide from fossil fuel. The company thus becomes an American pioneer insurance to take this initiative.
Nevertheless, the European insurers and reinsurers are ahead of their American colleagues in the fight of polluting activities.
Read also | Insurers and reinsurers withdraw from the coal industry [4]
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[3] https://www.atlas-mag.net/en/issue/boeing-insurers-in-turmoil
[4] https://www.atlas-mag.net/en/article/insurers-and-reinsurers-withdraw-from-the-coal-industry