Written Question·Treasury·UIN 26967

Fossil Fuels: Insurance and Investment

Tabled: 28 January 2025

Answered: 4 February 2025

Question

Olivia Blake

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 pol

Answer

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 econo...

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