Chinese insurers PICC, Ping An, and Yingda Taihe have taken the lead in underwriting renewable energy, capturing $200 million in new renewable premiums, outpacing many global peers. However, they have not adopted explicit policies to curb LNG expansion, according to a new analysis. This reveals a growing dichotomy in their efforts to boost renewables while remaining heavily tied to fossil fuels. The study highlights the need for a more comprehensive commitment to curbing fossil fuel investments within the renewables underwriting sector.