Munich Re moves away from coal as UK insurers face climate risk complaints

Michael Holder
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Munich Re moves away from coal as UK insurers face climate risk complaints

ClientEarth claims Admiral, Lancashire Holdings, and Phoenix Group Holdings have legal obligation to disclose climate risks in annual reports but have failed to do so

The world's second largest reinsurer Munich Re plans to stop offering insurance for new coal-fired power stations and mines in industrialised countries, according to reports. Moreover, following pressure...

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