-
Talanx's new coal policy 'does not rule out insuring new coal plants', warns NGO
14 May 2019Talanx would not be prevented from underwriting new coal plants in Poland and Vietnam under its recently announced policy on the fossil fuel, an NGO has claimed.
-
Norwegian pension fund manager divests from coal companies
08 May 2019Norwegian mutual insurance company KLP, which manages the pension funds of municipal employees, has sold NOK3.2 billion ($365 million) of exposure to 46 companies profiting from coal-based operations.
-
Munich Re tightens coal divestment policy
06 August 2018The CEO of Munich Re has announced a new climate and divestment policy for the German reinsurer, in a guest article for German newspaper Frankfurter Allgemeine Zeitung.
-
Hannover Re is latest insurer to 'exit coal'
20 June 2018Hannover Re is set to become the latest reinsurer to sell some of its coal-related investments.
-
Allianz to walk away from coal by 2040
04 May 2018The world’s biggest insurer, Allianz, said it will turn its back on coal by 2040, both in its underwriting and investment arms.
-
Global Coal Exit List: How investors can bolster coal divestment
08 December 2017In recent months, more banks and investors have committed to reduce their coal exposure. While this is a laudable step, research finds that the new coal policies have important shortcomings, argues Christina Beberdick
-
Allianz rejects calls to expand its coal divestment policy to its asset management and underwriting businesses
04 May 2017Allianz told its annual general meeting (AGM) that it has divested €225 million of ($245.7 million) of coal holdings, but it rejected a call to expand its coal divestment pledge to its asset management and underwriting business.
-
Norwegian government backs oil fund coal divestment
28 May 2015Norway's NOK7 trillion ($894 billion) oil fund is to divest more of its coal holdings after the country's politicians gave an earlier-than-expected backing to plans to reduce its exposure to the commodity.