Chubb has a history of being a first mover among U.S. companies but its policies on oil and gas restrictions are weak and full of loopholes. Chubb dropped Rio Grande LNG and has the opportunity to be the first in the U.S. to rule out methane LNG expansion, following Italian insurer Generali’s example.
Chubb
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 | |||||||
Chubb | | Evan Greenberg | 1.24 / 10 Rank 17 Total 1.24 / 10 Coal 1.21 / 10 Oil & Gas 1.23 / 10 Total Rank 17 Coal Rank 17 Oil & Gas Rank 16 | 1.21 / 10 Rank 17 | 1.23 / 10 Rank 16 | 0.86 / 10 Rank 21 Total 0.86 / 10 Coal 2.50 / 10 Oil & Gas 0 / 10 Total Rank 21 Coal Rank 12 Oil & Gas Rank 22 | 2.50 / 10 Rank 12 | 0 / 10 Rank 22 | 23:77 | |||
CEO: Evan Greenberg
United StatesUnderwriting Score
Total
1.24 / 10
Rank 17
Coal
1.21 / 10
Rank 17
Oil & Gas
1.23 / 10
Rank 16
Investment Score
Total
0.86 / 10
Rank 21
Coal
2.50 / 10
Rank 12
Oil & Gas
0 / 10
Rank 22
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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