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Climate protection group Insure Our Future has accused Lloyd’s of London CEO John Neal of failing to respect the insurance marketplace’s own environmental, social and governance policy despite touting them extensively, Reinsurance News reported. Climate activists said that Mr. Neal has himself dubbed Lloyd’s official ESG policy as a “provocative discussion document” which is not mandatory for Lloyd’s members to adhere to.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees