Allianz to stop insuring coal power plants and mines
Allianz will stop insuring single coal-fired power plants and coal mines and divest from companies planning to build more than 500 MW of new coal power capacity.
The insurer joins Axa, Zurich and SCOR which have stopped insuring some or all new coal projects and Swiss Re has said it that it will adopt a similar policy soon. Aviva, Prudential, Generali, Munich
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