Climate activists have targeted the offices of a number of U.K. insurance behemoths, including Lloyd’s of London and the Axa insurance group, the world’s sixth biggest underwriter of fossil fuel projects.
London is the global center of the insurance industry. The Guardian reports that, since February 26, London has been at the forefront of an international series of campaign of actions against insurance companies. Activists in nearly 30 countries across five continents have held marches, rallies, protests, community events and sabotage attacks targeting the industry.
The aim, according to Ilana Winterstein, a spokesperson for the Insure Our Future campaign, has been to “spotlight the key role the insurance industry plays in the climate crisis – without insurance, fossil fuel projects can’t operate – and to highlight that insurers could be the unlikely heroes the world needs if they act now and stop insuring fossil fuel expansion.”
On February 28, members of Extinction Rebellion created a human chain around Lloyds of London to demand insurers to halt support for climate-damaging projects.
Most actions were disruptive but peaceful, with XR counting 14 arrests among its supporters. The exception was a sabotage attack in the early hours of February 29 on the offices of Tokio Marine, AIG and Probitas, where activists armed with paint-filled fire extinguishers stained the doors of the insurers blood red. A new activist group, Shut the System, claimed responsibility for the action after its supporters fled the scene, according to a witness.
Elsewhere in Europe, there were protests and actions in France, Germany and Switzerland. And in the U.S., rallies took place in New York City, Houston, San Francisco, Portland and Denver.
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- Source: https://www.supplychainbrain.com/articles/39195-climate-activists-target-london-insurers
