Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Actors / Insurer · Germany

Hannover Re

Appears in 5 cases in this database. Roles as given in the documented record.

CaseRoleCountryPeriodInstrument
BP Deepwater Horizon: the spill, the court cases and the recovery claimsReinsurerUnited States2010–2031Oil spill
EACOP pipeline: insurers decline, construction continuesRuled out reinsurance (March 2022)Uganda / Tanzania2021–2026Insurance declined or withdrawn
Insurers of the Carmichael coal mineReinsurer listed as having ruled out the mineAustralia2015–2025Insurance declined or withdrawn
Coral reef parametric insurance, Quintana RooReinsurer of the 2020 renewal (per Reinsurance News)Mexico2018–2026Insurance, liability and compensation funds
Net-Zero Insurance Alliance collapse and insurers’ fossil underwritingLeft NZIA 19 April 2023Global2021–2025Insurance declined or withdrawn
Swiss Re ×5Munich Re ×4Lloyd's of London ×3Chubb Global Markets ×3AXA ×3Zurich Insurance ×3SCOR ×3Allianz ×3The Nature Conservancy ×2AIG ×2Liberty Mutual ×2Brit ×2Marsh (Marsh McLennan) ×2Bravus (operator of the Carmichael mine) ×2Probitas 1492 (Lloyd's) ×2BPTransoceanHalliburtonAnadarko PetroleumMOEX (Mitsui Oil Exploration)Cameron InternationalWeatherfordJupiter Insurance Ltd (BP captive)Ranger InsuranceHouston CasualtyUS Department of JusticeDeepwater Horizon Natural Resource Damage Assessment TrusteesNational Fish and Wildlife FoundationUS Environmental Protection AgencyUS Securities and Exchange CommissionU.S. PIRGNOAATotalEnergiesUganda National Oil CompanyTanzania Petroleum Development CorporationCNOOCEACOP LtdBritamSiriusPointRiverstone InternationalEnstarBlenheimSA MeacockArch InsuranceAEGIS LondonTokio MarineChaucerHiscoxBeazleyInsurance Consortium for Oil and Gas in Uganda (ICOGU)Insurance Regulatory Authority of UgandaUganda ReZEP-ReAfrica ReGovernment of UgandaGovernment of TanzaniaAfreximbankStandard BankStanbic UgandaKCB UgandaICDStopEACOPPublic CitizenAdani GroupMarket ForcesAonWTW (Willis Towers Watson)AXA XLHDI GlobalApollo (Lloyd's)Ascot (Lloyd's)MarkelBerkshire HathawayKorean ReWR BerkleyQBESuncorpFM GlobalGeneraliLocktonAfirme SegurosGrupo Financiero BanorteQuintana Roo state governmentCoastal Zone Management Trust (Quintana Roo)Net-Zero Insurance AllianceForum for Insurance Transition to Net ZeroUN Environment ProgrammeMarsh McLennan (Marsh)Trans Mountain Corporation

Insurance

Reinsurance
Insurance bought by insurers to pass part of their own risk to other companies.