November 9, 2018 / 11:15 AM / 5 days ago

Generali to stop insuring new coal plants

MILAN, Nov 9 (Reuters) - Italy’s biggest insurer Generali said on Friday it would stop offering construction coverage for any new coal mine and new coal plant.

In a further step up of its ‘green’ policy, Europe’s third biggest insurer added it would not provide insurance for coal-related assets of potential new clients. (Reporting by Giulio Piovaccari and Stephen Jewkes)

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