World’s Second-Largest Insurer Says New Fossil-Fuel Projects Are a Bad Bet

EcoWatch
By Olivia RosaneMar 21, 2022, 2:17 pm458 ptsHot
Are new fossil-fuel projects a good bet? The world’s second-largest reinsurer is saying no. Swiss Re announced an enhanced oil and gas policy that rules out insuring most new oil and gas projects, making it the first major insurer in the industry to do so. “Swiss Re is one of the world’s ultimate risk…

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