Citing Climate Change, Hannover Re Scales Back Exposure to Coal-Fired Power Plants and Coal Mines
Hannover Re is scaling back its exposure to coal-fired power plants and coal mines over the long term.
Hannover Re is scaling back its exposure to coal-fired power plants and coal mines over the long term. In addition to excluding coal-based projects from its investment universe, the Hannover Re group now also is adopting a more restrictive underwriting policy on the reinsurance of coal-based risks.
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