After announcing climate policies in 2022, AIG has yet to clarify an implementation strategy and remains a top fossil fuel insurer. The company has yet to stop insuring new conventional oil and gas projects. AIG picked up the Rio Grande LNG project after Chubb dropped it, without seeking Free, Prior, and Informed Consent from the Carrizo/Comecrudo Tribe of Texas.
AIG
2024 Scorecard on Insurance, Fossil Fuels and the Climate Emergency
| Company | Country | ceo | Underwriting | Investment | Renewables : Fossils Premiums (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Coal | Oil & Gas | Total | Coal | Oil & Gas | |||||||
AIG | | Peter Zaffino | 1.60 / 10 Rank 13 Total 1.60 / 10 Coal 1.82 / 10 Oil & Gas 1.32 / 10 Total Rank 13 Coal Rank 14 Oil & Gas Rank 12 | 1.82 / 10 Rank 14 | 1.32 / 10 Rank 12 | 2.06 / 10 Rank 16 Total 2.06 / 10 Coal 2.50 / 10 Oil & Gas 2.0 / 10 Total Rank 16 Coal Rank 12 Oil & Gas Rank 15 | 2.50 / 10 Rank 12 | 2.0 / 10 Rank 15 | 25:75 | |||
CEO: Peter Zaffino
United StatesUnderwriting Score
Total
1.60 / 10
Rank 13
Coal
1.82 / 10
Rank 14
Oil & Gas
1.32 / 10
Rank 12
Investment Score
Total
2.06 / 10
Rank 16
Coal
2.50 / 10
Rank 12
Oil & Gas
2.0 / 10
Rank 15
Rank over time
The companies were ranked from 1 (best) to 30 (worst) based on their scores, companies with the same score were given the same rank. Data was not collected on oil & gas until 2020.
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