People power works! Relentless mobilisation from activists and communities on the frontline has just made Munich Re rule out insuring the disastrous East African Crude Oil Pipeline (EACOP).
However, Munich Re still does not have a comprehensive and global oil and gas policy. This means other toxic projects similar to EACOP – but less infamous — could still go ahead.
Let’s strike while the iron is hot! In the lead up to their Annual General Meeting this month, let’s put them under the spotlight once again to get Munich Re's CEO to go the whole hog and rule out all new oil and gas projects globally.
Email Munich Re’s CEO and demand he publish a world-leading oil and gas policy to make sure fossil fuels stay in the ground where they belong.
More information
World’s largest reinsurer will not provide EACOP cover
Energy Voice .
Energy Voice .
Munich Re commits to not insure EACOP
Insure Our Future. 6 April 2022.
Insure Our Future. 6 April 2022.
Munich Re will not provide cover for EACOP pipeline
Reinsurance New. 6 April 2022.
Reinsurance New. 6 April 2022.
Hannover Re becomes 5th re/insurer to opt out of East African Crude Oil Pipeline
Insure Our Future. 28 February 2022.
Insure Our Future. 28 February 2022.