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Bermuda insurers, reinsurers pressured to stop insuring coal

Posted On: Nov. 26, 2019 5:14 AM CST

Bermuda

Insurers and reinsurers in Bermuda are being pressured to pull away from the coal and fossil fuel industries, The Royal Gazette reported. Bermuda's insurance sector is trailing behind many counterparts in Europe and Australasia who have stepped back from underwriting or investing in thermal coal projects.

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