Ripping through coral paradise

 
 

Reckless insurers like AXA, Allianz, Swiss Re and others are weighing a deal that could turn the world's richest marine ecosystem into a fossil fuel sacrifice zone.

If we flood insurance executives with outrage right now, we can threaten their green reputation and make this disaster fossil gas project completely uninsurable.

No insurance = No destruction.

Underwater photo showing colorful coral reefs and a school of fish in the background

 Sign the petition 

John,

The fossil fuel industry has found its next target: the Coral Triangle—the most biodiverse marine ecosystem on Earth.

This extraordinary marine ecosystem is home to 76% of the world's coral species and supports the lives and livelihoods of 360 million people. Yet fossil fuel companies want to carve it up with dirty fossil gas terminals and pipelines.

But they have a problem: without insurance, none of these projects cannot move forward.

Right now, executives at Allianz, AXA, Zurich, Tokio Marine, Munich Re, and others are quietly deciding whether this Earth's greatest natural wonders becomes a sacrifice zone for gas profits. They are betting no one is watching.

Let’s prove them wrong, John.

If thousands of us come together, we can show insurers that backing this destruction comes with enormous reputational and financial risks. We've seen it happen before. Public pressure has pushed insurers away from some of the world's most controversial fossil fuel projects — and we can do it again.

Tell insurers: hands off the Coral Triangle!

Fossil gas projects bring dredging, toxic discharge, oil spills, and constant industrial shipping into sensitive marine ecosystems. Coral reefs–already under stress from warming oceans–face irreversible damage. Mangroves and seagrass beds, critical for carbon storage and coastal protection, are destroyed.

But the consequences are not just environmental, they are also deeply human.

More than 360 million people depend on the Coral Triangle for food, income, and protection from climate disasters. When reefs die and fish stocks collapse, communities lose livelihoods, food security declines, and climate vulnerability deepens.

And yet despite their own climate commitments, insurers continue to back these projects. 

We have seen before that when insurers withdraw support, projects stall. Ekō campaigns targeting fossil fuel insurance have already forced dozens of insurers to step away from destructive projects like the East African Crude Oil Pipeline (EACOP). Now, we have a chance to do the same in the Coral Triangle.

Together, we can cut off the support these projects need to go ahead.

Sign the petition: Protect the Coral Triangle. Stop insuring fossil fuels.

When people around the world come together, we can shift corporate behavior and protect ecosystems at scale. This is our moment to stand with frontline communities, defend one of the planet’s greatest natural wonders, and demand a future beyond fossil fuels.

 Sign the petition 

Thanks for all that you do,
Apekshita, Leyla and the team at Ekō


More information: 

Quakers urge insurers to protect world's most biodiverse seas
Quakers in Britain 27 April 2026

Insurers should exclude fossil fuel projects in Coral triangle
Asia Insurance Review 27 April 2026

Insurance Risk Briefing: LNG Expansion in the Coral Triangle Biodiversity Hotspot
Insure Our Future 21 April 2026

Blog: Over 70 campaign groups demand (re)insurers rule out cover for fossil fuels in the Coral Triangle
Insure Our Future 21 April 2026

 
 

 

 


Ekō is a community of people from around the world committed to curbing the growing power of corporations. We want to buy from, work for and invest in companies that respect the environment, treat their workers well and respect democracy. And we’re not afraid to stand up to them when they don’t.

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