Lancashire won’t insure Carmichael mine, Trans Mountain pipeline

U.K.-based insurer and reinsurer Lancashire Holdings Ltd. has distanced itself from providing insurance coverage to Adani Group's Carmichael coal mine in Queensland, Australia, and the Trans Mountain oil pipeline in Canada, Stop Adani reported. With this, Lancashire becomes the 26th Lloyd’s of London insurance syndicate to refuse to underwrite the Carmichael mine.

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