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Mapfre to stop insuring coal mines

Posted On: Mar. 13, 2019 5:58 AM CST


Spain-based insurer Mapfre S.A. plans to stop insuring new coal plants and mines, World Coal reported. Lucie Pinson, European coordinator of the Unfriend Coal Campaign, said that Mapfre has not made any commitment to end insurance for existing coal contracts and companies. Ms. Pinson said that it is unclear if the policy will apply to Mapfre's reinsurance business.

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