Grade: High Exposure to Destructive Companies

Allianz Insurance is one of the largest general insurers in the UK and is part of the Allianz Group, which is the largest property and casualty insurer in the world. While it presents itself as a forward-thinking, responsible insurer—especially on issues like climate change—our research reveals the company’s greenwashing. 

Sub Brands

HQ
Market Value
Investments Managed
Turnover
Insurance Products
Germany
$114 billion
$1.05 trillion
$148 billion
Health - Life - Business - Car - Home - Pet - Travel

Insurance

6

th

Biggest insurer of fossil fuels in the world

$

600

million

Fossil Fuel GDPW

Fossil Fuel Gross Direct Premiums Written (GDPW) represent the size of Allianz’s business with fossil fuel clients in 2023.

CASE STUDY: Calcasieu Pass methane export terminal

  • Insured by Allianz

Venture Global’s ownership of operating and proposed methane export terminals in Louisiana is catastrophic for the climate. Their facilities are the emissions equivalent of over 160 coal fired power plants. Construction for the methane gas export terminal in Southeast Louisiana, Plaquemines LNG, has led to water shortages in the local community. Venture Global is also seeking permits and financing for two additional new methane gas export terminals, the highly contested CP2 and Delta LNG. 

My name is Lerlene Rodrigue. I live in Cameron, Louisiana and I’m here to stop LNG. It has totally destroyed our community. Born and raised there. Memories are all gone. All you see is a plant when you open the door. It’s not a place I want to be anymore.

Insured by Allianz

  • Gaza Genocide

As Israel’s largest weapons manufacturer, Elbit Systems has built its empire on technology tested in the relentless oppression and genocide of Palestinians. The company’s Hermes drones and precision-guided munitions are tools of occupation, deployed in Gaza’s repeated bombardments and marketed worldwide as “combat-proven.” This chilling sales pitch means Palestinian lives become the testing ground for equipment later sold to global security forces.

Elbit’s surveillance systems enforce apartheid walls, its artillery targeting systems guide strikes on civilian areas, and its drones patrol Gaza’s skies—all while the company posts record profits. With factories in Israel, the UK and US, Elbit has made itself indispensable to both Israel’s military campaigns and the global arms trade, supplying repressive regimes from Azerbaijan to the Philippines.

CASE STUDY: Elbit weapons packed with shrapnel causing devastating injuries to children in Gaza

  • Insured by Allianz

Israeli-made weapons designed to spray high levels of shrapnel are causing horrific injuries to civilians in Gaza and disproportionately harming children, foreign surgeons who worked in the territory.

The M339 round which its manufacturer, Elbit Systems of Haifa, describes as “highly lethal against dismounted infantry”.

About half of the injuries I took care of were in young kids. We saw a lot of so-called splinter injuries that were very, very small to the point that you easily missed them while examining a patient. Much, much smaller than anything I’ve seen before but they caused tremendous damage on the inside.

Insured by Allianz

  • Nuclear Weapons

  • Gaza Genocide

From Gaza’s besieged skies to America’s doomsday missile silos, Textron’s machinery fuels two of the world’s most destructive forces. The company’s Beechcraft aircraft serve as the Israeli military’s eyes in the sky during the Gaza genocide, directing strikes in densely populated areas. These aren’t passive observers—they’re active participants in attacks, their surveillance feeds used to coordinate bombing runs on refugee camps and hospitals.

Meanwhile, Textron’s other division arms the apocalypse, supplying critical components for America’s land-based nuclear missiles—including the new Sentinel program designed to threaten global annihilation for decades to come.

Investments

Cumulative investments in destructive companies across four areas.

Fossil Fuels
Migrant Abuse
Gaza Genocide
Controversial Weapons
Feb 2025
$1,701,849,339
$29,240,733
$452,368,004
$370,072,975
May 2025
$1,598,453,846
$82,105,065
$413,778,852
$412,302,525

$7,300,000 invested by Allianz

  • Migrant Abuse

  • Gaza Genocide

Serco has perfected the art of monetising state violence, enabling the surveillance and detention of racialised communities.  Serco runs four “immigration removal centres”, including the infamous Yarl’s Wood, as well as, the UK’s GPS tagging program for migrants and asylum seekers, subjecting them to 24/7 surveillance.

Serco’s management of Yarl’s Wood Immigration Removal Centre since 2007 has been marked by persistent allegations of abuse. Multiple investigations have revealed a culture of sexual violence, with detainees reporting coercion by guards. “If you have to open your legs you will,” one survivor testified, “You think that is the only way you are able to speak to your family”. Electronic monitoring of asylum seekers has been found unlawful and causes severe psychological and physical harm.

Serco plays a sinister role in sustaining Israel’s genocidal regime by providing critical military support. The company boasts of its work in “modernising and sustaining core weapons systems,” including naval and aerial platforms used by allied forces—among them, Israel’s genocidal military. Serco Australia has a contract to maintain Rafael’s Typhoon and Mini-Typhoon remote weapon stations—the same systems used by Israeli forces to slaughter Palestinians.

$73,816,210 invested by Allianz

  • Climate Crisis

  • Gaza Genocide

As one of the world’s top five private oil giants, Chevron has left a trail of devastation across continents—from the toxic ruins of Ecuador’s Amazon to the militarised gas fields fueling Israel’s war machine. The company ranks as history’s fourth-largest carbon polluter, yet responds to legal accountability with ruthless retaliation, spending billions harassing environmental lawyers.

Chevron’s operations are steeped in blood. It bankrolled Myanmar’s military junta, financed violent repression near the Chad-Cameroon pipeline, and faces multiple genocide accusations. Now, its Israeli gas fields—Tamar and Leviathan—power both apartheid and genocide. By supplying 70% of Israel’s electricity, Chevron enables the very military bases enforcing Gaza’s blockade and bombing campaigns. When Israel destroyed Gaza’s power plant, it forced Palestinians into dependence on Chevron-backed energy—a cruel stranglehold the company profits from.

$62,005,065 invested by Allianz

  • Migrant Abuse

  • Nuclear Weapons

From nuclear weapons labs to migrant detention camps, Leidos operates at the sinister intersection of mass surveillance and militarised violence. The US defence giant co-manages the Y-12 National Security Complex—birthplace of the Hiroshima bomb’s uranium core—while simultaneously profiting from Britain’s escalating border regime. Its technologies power a dystopian vision of control: drones patrol coastlines, biometric databases track migrants indefinitely, and telecoms surveillance systems monitor entire communities under the guise of counterterrorism. In the UK, Leidos’ data collection and facial recognition systems turn borders into automated checkpoints, where human rights yield to algorithmic policing. Its central role in the UK’s Biometric Programme creates a permanent digital leash for migrants, enabling round-the-clock tracking under the guise of “efficiency.”

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