Fossil Fuels: Insurance and Investment
The question
To ask the Chancellor of the Exchequer, if she will hold discussions with (a) Lloyd’s of London and (b) other insurance companies on the provision of (i) insurance and (ii) investment to fossil fuel companies in the context of the Government's climate policies.
Answered by Emma Reynolds
The Treasury has not made an assessment. The Government and relevant regulatory bodies will continue to engage with insurance industry representatives, including Lloyd’s of London, to ensure insurers' practices support the transition to a low-carbon economy.
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