Extinction Rebellion 'occupy' insurance office over fossil fuel links

The environmental protest group wants the international company to stop insuring new oil and gas projects.

Extinction Rebellion ‘occupy’ AIG Glasgow insurance office over fossil fuel links Extinction Rebellion Scotland

Extinction Rebellion activists are “occupying” parts of the offices of a global insurance firm in Glasgow.

Environmental protesters are urging the American company to stop insuring new fossil fuel projects which it said will have a “catastrophic” global impact on the climate.

American International Group (AIG) is a global insurance company that does business in more than 70 countries. It employs around 26,200 people.

XR wants the business to rule out insuring what it labels as “carbon bomb projects” such as the East African crude oil pipeline, the Trans Mountain oil pipeline and the West Cumbria Mine.

The group said it will also protest outside the offices of insurance firms Hiscox and Zurich on Friday.

Gary Jack, from XR’s Highlands, islands and Moray group, said: “Insurance is the Achilles heel of the fossil fuel industry.

“Without insurance, carbon bomb projects like the East Africa Crude Oil Pipeline or the West Cumbria coal mine cannot go ahead.

“As climate change worsens, insurance becomes a riskier business with increased claims for them, and increased costs for their customers.

“AIG and other companies are also insuring the climate crisis whilst abandoning communities and regions affected by climate disasters where they can’t make money.”

A Police Scotland spokesperson said: “We are aware of people gathered at a premises on St Vincent Street, Glasgow. Officers are at the scene.” 

AIG has been approached for comment.

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