How much longer will Lloyd’s of London be an accomplice to Putin’s war in Ukraine?
It’s week three of the Russian invasion and Lloyd’s continues to bankroll Putin’s armies by underwriting Russian energy companies. They must be stopped!
We can do something to make a massive difference. The money from fossil fuel exports is Putin’s achilles heel. By forcing Lloyd’s to walk away from Russia’s coal, oil and gas sectors, we can end these exports and stop the flow of money that is funding the bullets and the bombs killing innocent civilians.
As the UK government begins to crack down on the insurance industry's dodgy involvement in Russian energy, it is a perfect opportunity to massively ramp up public pressure on Lloyd’s. Caught between two fires, the insurer will have no choice to do the right thing and abandon its Russian blood-soaked profits.
Get Lloyd's to stop fuelling Putin’s war machine. No more insurance for Russian fossil fuels!
Lloyd’s has enjoyed 330 years of unimpeded power insuring slavery ships, climate-wrecking fossil fuel projects, slavery ships and all kinds of dirty business. And today, Lloyd's is playing a critical role in the Russian fossil fuel industry. Unlike European insurers, it has not stopped insuring projects in Russia over the last weeks.
Lloyd’s played a key role in underwriting the Baltic Sea Nord Stream 2 pipeline — that is until they were forced out by the US government! And it currently reinsures SOGAZ, a part of the Russian gas giant Gazprom. By continuing to underwrite similar Russian projects, Lloyd’s is complicit in Putin’s bloodshed.
Lloyd’s insures about 40% of the world's energy industry and as a major regulator of its market, Lloyd’s can easily rule out insurance cover for Russian companies, thereby immobilizing a crucial source of money for Putin’s petrodollar war.
Let’s show we won’t let them profit from war and the destruction of our planet anymore. Enough is enough.
Sign the petition, and we’ll deliver your demands straight to Lloyd’s executives and the UK government and make sure to inform the press.
To Lloyd’s: stop fueling Putin’s war in Ukraine. Walk away from Russian fossil fuels.