Grade: Considerable Exposure to Destructive Companies
Generali is an Italian insurance and asset management group founded in Trieste in 1831, and one of the largest insurers in the world. It operates in over 50 countries, and serves 71 million customers. Its business spans life insurance, property and casualty, and asset management.
Historically, Generali was heavily criticised for exempting Poland and the Czech Republic from its coal exclusion policies. Generali provided insurance for the Kozienice coal plant in Poland, Europe’s second largest, estimated to cause 650 premature deaths and 14,000 asthma attacks in children annually, as well as the Turów open-pit lignite mine, which lowers groundwater levels affecting drinking water for 30,000 people. When Generali updated its oil and gas policy in October 2024 under activist pressure, it continued to allow insurance for companies involved in oil and gas expansion.
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HQ
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Market Value
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Investments Managed
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Turnover
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Insurance Products
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|---|---|---|---|---|
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Italy
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$59 billion
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$990 billion
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$109 billion
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Business
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Insurance
$
190
million
Fossil Fuel Gross Direct Premiums Written (GDPW) represent the size of Generali’s business with fossil fuel clients in 2024.
Insured by Generali
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Gaza Genocide
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Controversial Weapons
From Gaza’s besieged skies to America’s doomsday missile silos, Textron’s machinery fuels two of the world’s most destructive forces. The company’s Beechcraft aircraft serve as the Israeli military’s eyes in the sky during the Gaza genocide, directing strikes in densely populated areas. These aren’t passive observers—they’re active participants in attacks, their surveillance feeds used to coordinate bombing runs on refugee camps and hospitals.
Meanwhile, Textron’s other division arms the apocalypse, supplying critical components for America’s land-based nuclear missiles—including the new Sentinel program designed to threaten global annihilation for decades to come.
Insured by Generali
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Migrant Abuse
Britannia Hotels, owned by non-dom multimillionaire Alex Langsam, has become one of the British government’s largest providers of asylum seeker accommodation. At least 17 of the chain’s 64 hotels are now block-booked by the Home Office, with estimates suggesting around one in ten asylum seekers in the UK are housed in a Britannia property. The arrangement has proved enormously lucrative: profits reached nearly £40 million in 2022–23, up 18% on the previous year, driven largely by government contracts. Conditions for residents are appalling, with reports of leaking ceilings, uncleared food, dirty rooms, and inadequate support for people seeking asylum, including those experiencing mental health crises.
