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 · Switzerland

Swiss Re

Appears in 8 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
Vale Brumadinho dam collapseProperty insurer, Swiss Re Corporate Solutions (press reports)Brazil2019–2027Mining / tailings dam
EACOP pipeline: insurers decline, construction continuesRuled out cover (2021)Uganda / Tanzania2021–2026Insurance declined or withdrawn
Insurers of the Carmichael coal mineReinsurer that said it would not support the mine (Dec 2018)Australia2015–2025Insurance declined or withdrawn
The Metals Company deep-sea nodule mining in the Clarion-Clipperton Zone (NOAA permit route)Insurer stating it does not cover deep-sea miningInternational waters (Pacific Ocean)2011Mining
Coral reef parametric insurance, Quintana RooDeveloped the initial solution; named as insurer or reinsurer by different sourcesMexico2018–2026Insurance, liability and compensation funds
Net-Zero Insurance Alliance collapse and insurers’ fossil underwritingFounding member; left May 2023Global2021–2025Insurance declined or withdrawn
Los Angeles wildfires cause $41bn insured loss; 75% of survivors underinsuredreinsurer that paid part of the insured lossUnited States2025Law, regulation and treaties
Munich Re ×5Hannover Re ×5Chubb Global Markets ×4Allianz ×4Zurich Insurance ×4Lloyd's of London ×3AXA ×3SCOR ×3US Securities and Exchange Commission ×2NOAA ×2The Nature Conservancy ×2Aon ×2WTW (Willis Towers Watson) ×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 AgencyU.S. PIRGValeTÜV SÜDPublic Prosecutor's Office of Minas Gerais (MPMG)Federal Public Prosecutor's Office (MPF)Court of Justice of Minas Gerais (TJMG)Government of Minas GeraisMapfreTotalEnergiesUganda 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 ForcesAXA XLHDI GlobalApollo (Lloyd's)Ascot (Lloyd's)MarkelBerkshire HathawayKorean ReWR BerkleyQBESuncorpFM GlobalGeneraliLocktonThe Metals CompanyNauru Ocean Resources Inc. (NORI)Tonga Offshore Mining Ltd. (TOML)International Seabed AuthorityGlencoreKorea ZincAllseasAfirme 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.

Science and environment

Tailings and tailings dam
Tailings are the waste left after ore is processed; a tailings dam is the embankment that stores them as wet sludge.