Persefoni in the Press

In a groundbreaking report released recently, it was revealed that the US insurance industry retained fossil fuel-related assets amounting to a staggering $536 billion in 2019.

U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to the underwriting side of their businesses, a new report said on Tuesday.

U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to the underwriting side of their businesses

US insurers now retreating from markets hit by the fallout of climate change held more than $500 billion in fossil-fuel investments as recently as 2019, according to a fresh study.

U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to the underwriting side of their businesses, a new report said on Tuesday.

New research reveals that US insurers held $536bn in assets linked to fossil fuels in 2019 – even though some have blamed climate change for increasing premiums and reduced coverage.

A new report finds that the U.S. insurance sector held $536 billion in fossil-fuel related assets in 2019, despite some insurers citing climate-related risk and natural disasters as factors in raising premiums and/or dropping coverage within certain high-risk regions.

A new report finds that the U.S. insurance sector held $536 billion in fossil-fuel related assets in 2019, despite some insurers citing climate-related risk and natural disasters as factors in raising premiums and/or dropping coverage within certain high-risk regions.

U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets that in turn contribute to the risk of climate-related damage to the underwriting side of their businesses, a new report said Tuesday.

A new report finds that the U.S. insurance sector held $536 billion in fossil-fuel related assets in 2019, despite some insurers citing climate-related risk and natural disasters as factors in raising premiums and/or dropping coverage within certain high-risk regions.

A new report has revealed that U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets, which in turn contribute to the risk of climate-related damage to their underwriting businesses.

The U.S. Securities and Exchange Commission (SEC) is expected to release its long-awaited climate disclosure rule this fall, and businesses are preparing for change. Emily Pierce, chief global policy officer at the carbon accounting firm Persefoni and a former SEC lawyer involved in developing the proposed rule, shares what to expect.

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