Protesters occupy Walkie Talkie building in insurance protest

Climate activists have staged a protest at London’s 20 Fenchurch Street, known as the “Walkie Talkie”, calling on insurers to rule out underwriting liquefied natural gas (LNG) expansion projects in Southeast Asia’s Coral Triangle.

This morning (29 June 2026), six members of the Boycott Bloody Insurance campaign occupied the building’s foyer, which houses several insurance firms, to highlight what they described as the industry’s role in supporting fossil fuel developments.

The protest featured a mock business meeting in which activists posed as insurance underwriters discussing LNG projects, while other campaigners criticised insurers for prioritising commercial interests over environmental concerns.

Blythe Brentnall, campaigner at Boycott Bloody Insurance, said: “By insuring LNG expansion, these companies are actively financing the destruction of the very ecosystems that sustain hundreds of millions of livelihoods.

“They are betting against the future of an entire region.”

‘Profit over people’

The Coral Triangle spans Indonesia, Malaysia, Papua New Guinea, the Philippines, the Solomon Islands and Timor-Leste, and is regarded as one of the world’s most biodiverse marine regions.

The demonstration is the latest in a series of protests targeting the insurance sector over its role in underwriting fossil fuel projects.

Campaigners argue that insurance is essential for major LNG developments to proceed and are calling on insurers and other financial institutions to stop supporting new fossil fuel infrastructure, particularly in environmentally sensitive areas.

Jessica Phillips, another activist involved in the demonstration, said proposed LNG terminals posed risks to mangrove forests and coral reefs that support coastal communities.

“This is about immediate survival,” she said. “Insurance companies have the power to stop this, but instead they choose profit over people.”