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Aspen Insurance to stop insuring Trans Mountain pipeline

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Specialty insurance and reinsurance firm Aspen Insurance Holdings Ltd. has decided to stop insuring the Trans Mountain Tar Sands Pipeline Project in Canada after its current insurance policy expires this summer, U.K. Time News reported. With this, Aspen joins 16 other insurers, including Allianz SE, Chubb Ltd. and Scor SE that have pulled away from the project.

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