Global insurers have co-sponsored the world’s first insurance industry statement on sustainable marine insurance and committed to cut financial lifeline to pirate fishing.
“IUU fishing has ramifications for all of us and contributes to overfishing. It takes away jobs from honest fishers and supplies the unsuspecting public with illegally-caught food. Today is a major breakthrough with leading insurers committing to deny a financial lifeline to pirate-fishing vessels. We call on other insurers to show corporate responsibility and sustainability leadership by joining this fight against IUU fishing,” said Lasse Gustavsson, Executive Director of Oceana Europe
Read more: eu.oceana.org/en/press-center/press-releases/global-insurers-unite-cut-financial-lifeline-pirate-fishing