Munich Re to cease investing in or insuring new oil and gas fields from April 2023

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Reinsurance News - Oct 06, 2022

Global reinsurer Munich Re has committed that as of 1 April 2023 it will no longer invest in or insure contracts / projects exclusively covering the planning, financing, construction or operation of new oil and gas fields, new midstream oil infrastructure and new oil fired power plants. The large, E...

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