This morning at Lloyd’s of London’s HQ an activist from Insurance Rebellion was arrested after throwing a bucket of green paint over the front of the building. Insurance Rebellion say they carried out this escalation in their campaign to “highlight the shameless greenwashing being carried out by Lloyd’s of London, who continue to insure fossil fuel projects across the world.”
The protestor who threw the biodegradable water based paint then sat down and waited for police to arrive and arrest him. An accompanying banner read, STOP INSURING FOSSIL FUELS NOW. A sign next to his bucket assured that the paint used is plant-based and biodegradable.
A member of Insurance Rebellion at the Lloyd’s building, Zoe, a 28-year-old teacher, said: “Why did we cover their headquarters in green? We’re sick and tired of Lloyd’s of London’s obvious and persistent greenwashing. They recently teamed up with Prince Charles to very publicly launch a so-called taskforce for tackling the climate crisis, but they still happily insure any oil or gas project that pays them a high enough premium. They have a coal exclusion policy, but this doesn’t start until next year, and they’re allowing coal insurance renewals for another ten years. Nothing they do or say can be taken at face value – they’re just trying to convince the public that they’re taking the climate crisis seriously. We’re here to point out Lloyd’s is lying when they tell us they’re green.”
When asked what they plan to do next, Insurance Rebellion said: “We will continue to target the heart of ethical corruption in insurance – Lloyd’s of London – but will also start to focus on its worst members, too, for example Tokio Marine, who are one of the biggest insurers of coal globally. Also, the extremely polluting Trans Mountain Pipeline is currently attempting to find insurers who care little enough about its impact on the climate and people to insure it – we’ll be paying close attention to any insurance company stupid and selfish enough to partner with it.”
Insurance Rebellion did not announce any plans to carry out protests aginst Chinese insurers based in London.