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Five UK insurers slammed for “putting profit before principle” – Insurance Business

May 24, 2023 Campaign News

Five British insurance companies have been added by Burma Campaign UK to its ‘dirty list’, reports Insurance Business, due to the insurers’ role in aviation fuel deliveries to Burma.

Mark Farmaner, director of Burma Campaign UK, said: “The Burmese military are using airstrikes indiscriminately against civilians, even against schools and hospitals, and insurance is a vital part of the supply chain delivering aviation fuel to Burma. These insurance clubs have clearly taken a decision not to add delivery of aviation fuel to their cover exclusions, despite knowing this means they may insure aviation fuel that reaches the Burmese military and is used to kill civilians. This is the definition of putting profit before principle.”

Read Insurance Business article

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