IUA’s Kuchinski warns London market against blanket fossil-fuel withdrawal
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IUA’s Kuchinski warns London market against blanket fossil-fuel withdrawal

Samuel Casey
September 20, 2021
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If the London market abandoned providing insurance coverage for fossil fuels, it would simply result in the risks being underwritten less effectively elsewhere, according to International Underwriting Association (IUA) chairman Robert Kuchinski.

Kuchinski said continuing involvement in fossil fuel projects would help encourage “a swifter transition to greener alternatives”, reiterating past comments that there is no “silver bullet” to solve the world’s fossil fuel problem.

The

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Samuel Casey
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