trending Market Intelligence /marketintelligence/en/news-insights/trending/kcNkWgJ5C7P4bLZcpVH8bA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Axis Capital cutting coverage for new thermal coal plants, oil sands extraction

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Axis Capital cutting coverage for new thermal coal plants, oil sands extraction

Axis Capital Holdings Ltd. is joining a number of its peers in reducing its exposure to fossil fuels by implementing a new thermal coal and oil sands underwriting and investment policy.

Under the policy, which is effective Jan. 1, 2020, the company will not provide new insurance or facultative reinsurance for the construction of new thermal coal plants or mines, or for oil sands extraction and pipeline projects. The decision also affects dedicated infrastructure.

New insurance or facultative reinsurance will not be offered to companies that generate 30% or more of their revenues from thermal coal mining, generate 30% or more of their power from thermal coal or hold more than 20% of their reserves in oil sands.

Axis Capital will also not make new investments in these companies.

Renewals will be considered on a case-by-case basis until Jan. 1, 2023. Exceptions may be considered on a limited basis until Jan. 1, 2025, in countries where there is not sufficient access to alternative energy sources.