About the report

Ensuring Genocide - The Insurance Industry and Israel’s War Machine exposes the complicity of global insurance companies in the dispossession and genocide of the Palestinian people. It examines how insurers contribute to systemic violence by investing in and underwriting “defence” contractors that have supplied—or whose equipment has been deployed for—Israel’s genocide on Palestinians since October 7, 2023.

Key findings reveal that major insurers, including Allianz, Aviva, AIG and AXA, underwrite and invest millions of dollars in “defence” companies selling equipment to Israel. These investments enabled the genocide in Gaza, continue to sustain violent ethnic cleansing and colonisation of Palestine, and facilitate the development and deployment of lethal weaponry around the world. The report identifies 16 companies complicit in militarism, including Boeing, Lockheed Martin, and Elbit Systems, that supplied equipment to Israel with full knowledge that it is being used to target civilian populations.

Highlighting successful campaigns against insurers such as AXA, the report underscores the potential for public action to disrupt these violent practices. By targeting insurers as actors in the military supply chain, the report aims to catalyse a broader movement towards holding financial institutions accountable for their role in facilitating violence and oppression.

The findings emphasise the urgent need to force the insurance industry to cut ties with deadly businesses and build a powerful movement to pressure our day-to-day institutions to boycott complicit insurers. Through detailed research, this report provides a resource for organisers, policymakers, and concerned citizens to challenge the financial mechanisms underpinning militarism and imperialism and organise towards a more equitable global financial system.