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The head of the industry trade body says there is a reputational risk for non-life insurers

John Neal reiterated "we're not nasty bankers"

"Socially irresponsible" to walk away from countries dependent on fossil fuels

MPs quizzed insurance executives about Solvency II, reinsurance and innovation

Lloyd's average combined ratio was 92% in H1 2021

Climate activists say action is needed on fossil fuels to deal with the climate crisis

Climate campaigners are also planning protests and demonstrations about the issue in 25 cities

The corporation said the cover would bring significant capital benefits

Syndicates with a bad track record will face a longer interview

Climate activists recently dumped a large pile of fake coal outside Lloyd's HQ in London

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