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 · United Kingdom

Lloyd's of London

Appears in 11 cases in this database. Roles as given in the documented record.

CaseRoleCountryPeriodInstrument
BP Deepwater Horizon: the spill, the court cases and the recovery claimsExcess insurers on Transocean's liability programme; market loss estimate $300–600mUnited States2010–2031Oil spill
Exxon Valdez: the spill, insurance and court casesLead of 150+ excess insurers; refused cover, paid $780m after suitUnited States1989–2015Oil spill
PrestigeLead hull insurerSpain2002–2026Oil spill
Salem tankerCargo underwriters at Lloyd's (defendant Gibbs)Senegal (offshore)1979–1985Staged loss / scuttling
Trans Mountain pipeline insurers (Canada)Insurance market; syndicates on the 2019–20 policyCanada2018–2024Insurance declined or withdrawn
Insurers of the Carmichael coal mineMarket whose members insured the mine from 2019Australia2015–2025Insurance declined or withdrawn
Rigel scuttling (Calabria)Insurer named as defrauded in L'UnitàItaly1987–2024Staged loss / scuttling
Love Canal (New York)Primary insurer; plaintiff in coverage actionsUnited States1980–1995Chemical pollution
Lead paint public nuisance insurance (Santa Clara)Insurers (Certain Underwriters at Lloyd's) in the ConAgra and NL Industries coverage casesUnited States2000–2024Insurance, liability and compensation funds
Net-Zero Insurance Alliance collapse and insurers’ fossil underwritingInsurance market; left NZIA 26 May 2023Global2021–2025Insurance declined or withdrawn
Record cites CIA file on Onassis for 1954 whaling off Perureported insurer of the whaling fine (not verified)Peru1954–1956Fishing ban
Munich Re ×4Chubb Global Markets ×3Swiss Re ×3Hannover Re ×3Allianz ×3Zurich Insurance ×3US Department of Justice ×2US Environmental Protection Agency ×2NOAA ×2AIG ×2Trans Mountain Corporation ×2Bravus (operator of the Carmichael mine) ×2Probitas 1492 (Lloyd's) ×2AXA ×2SCOR ×2BPTransoceanHalliburtonAnadarko PetroleumMOEX (Mitsui Oil Exploration)Cameron InternationalWeatherfordJupiter Insurance Ltd (BP captive)Ranger InsuranceHouston CasualtyDeepwater Horizon Natural Resource Damage Assessment TrusteesNational Fish and Wildlife FoundationUS Securities and Exchange CommissionU.S. PIRGThe Nature ConservancyExxon Corporation (ExxonMobil from 1999)Exxon Shipping CompanyInternational Tanker Indemnity AssociationBrandywine Reassurance (CIGNA Re run-off)State of AlaskaExxon Valdez Oil Spill Trustee CouncilUS Supreme CourtMare Shipping Inc.Universe MaritimeLondon Steam-Ship Owners' Mutual Insurance Association (London P&I Club)International Oil Pollution Compensation Funds (IOPC Funds)Government of SpainGovernment of FranceGovernment of PortugalXunta de GaliciaAmerican Bureau of ShippingCrown Resources AGEuropean UnionRepsol YPFShellOxford Shipping Inc.Pontoil SAStrategic Fuel Fund AssociationGovernment of CanadaCanada Energy RegulatorArgoTalanxStand.earthAdani GroupMarket ForcesMarsh (Marsh McLennan)AonWTW (Willis Towers Watson)AXA XLHDI GlobalLiberty MutualBritApollo (Lloyd's)Ascot (Lloyd's)MarkelBerkshire HathawayKorean ReWR BerkleyQBESuncorpFM GlobalGeneraliLocktonMayfair Shipping LtdOccidental Petroleum (Hooker / OxyChem)Argonaut InsuranceCincinnati InsuranceSherwin-WilliamsConAgra (successor to W.P. Fuller)NL IndustriesNet-Zero Insurance AllianceForum for Insurance Transition to Net ZeroUN Environment ProgrammeMarsh McLennan (Marsh)

Insurance

Hull insurance
Insurance on a ship itself, covering damage to or loss of the vessel.
Underwriter
An insurer, or a person at an insurer, who assesses a risk and decides whether and on what terms to insure it.