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International

Zurich Insurance to stop underwriting new oil and gas projects

April 09, 2024 Reprints

Switzerland-based Zurich Insurance Group Ltd. has decided to stop underwriting new oil and gas projects and is going a step further by cracking down on clients planning to expand in coal mining, The Business Times reported citing Bloomberg. The firm is asking its highest-emitting corporate clients to decrease their carbon footprints.

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Zurich Insurance to stop underwriting new oil and gas projects

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