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Protesters demand AIG avoid Adani

Demonstrators in Sydney today handed AIG a petition demanding the insurer publicly declare that it won’t insure the controversial Adani coalmine project in central Queensland.

The 1300-page petition containing 109,000 signatures was delivered this afternoon to the insurer’s office in Sydney by US-registered activist group SumOfUS and its supporters, who held placards expressing opposition to the mining project.

Members of the Stop Adani campaign also joined in the Sydney protest, which numbered in total about 35 people.

Similar demonstrations took place outside New York-based AIG’s offices in Melbourne and Brisbane, with environment groups Market Forces and Rainforest Action Network joining in.

An AIG spokeswoman told insuranceNEWS.com.au the insurer has no comment on the protest or the petition.

SumOfUS Campaign Manager Nick Haines says a group of police and private security personnel were stationed outside AIG’s Sydney office when the protesters arrived with the petition.

They were able to pass the petition to a building manager who said he would hand it to the company.

“We haven’t heard from AIG,” Mr Haines told insuranceNEWS.com.au. “They have been very quiet. They may be involved already [with Adani] or they may not be, but they have not confirmed either way.”

A list compiled by Market Forces puts at 14 the number of insurers who have publicly ruled out any involvement with the Adani project.

QBE and Suncorp are on the list, but Australia’s largest locally owned insurer IAG is not – although it has confirmed to insuranceNEWS.com.au it is not involved with Adani.

Environmental campaigners have vowed to continue fighting against the Indian company’s mine in central Queensland. They say it will worsen the already fragile Great Barrier Reef ecosystem and increase fossil fuel pollution.

Market Forces campaigner Pablo Brait told insuranceNEWS.com.au today that “AIG is active in Australia, so it’s one of the companies we believe is at risk from providing insurance for this project”.

Adani maintains the identity of the insurers for the project is confidential.

“Details on insurance providers for the Carmichael Project are commercial in confidence,” a spokesman told insuranceNEWS.com.au. “However, we have the necessary insurance requirements in place consistent with our construction activities.”