Grade: High Exposure to Destructive Companies

Travelers Insurance is a leading US-based property and casualty insurer, with a global presence and a reputation for financial strength. It continues to draw sharp criticism for its unwavering support of the fossil fuel industry, directly contributing to the escalating climate crisis. Despite increasing climate-related losses, which force the insurer to raise premiums and withdraw coverage in vulnerable areas, Travelers remains a significant investor in and underwriter of oil, gas, and coal projects. Shareholder resolutions demanding transparency on climate risk and alignment with net-zero targets have been resisted, demonstrating a clear reluctance to transition away from carbon-intensive activities.

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HQ
Market Value
Investments Managed
Turnover
Insurance Products
USA
$57.9 billion
$88.8 billion
$40.2 billion
Business

Insurance

$

495

million

Fossil Fuel GDPW in 2024

1

%

Change from 2023-2024 in Fossil Fuel GDPW

13

th

Highest underwriting of fossil fuels in the world

Fossil Fuel Gross Direct Premiums Written (GDPW) represent the size of Travelers’ business with fossil fuel clients in 2024.

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