Lloyd's of London joins the ranks of big insurers who no longer see coal as a viable investment.
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| Lloyd's of London no longer see coal as a viable investment. |
Insurance companies have long worried that climate change-related weather events could put make their jobs much, much harder. And their success also relies on being good stewards of other people's money.
That's presumably why insurance giants like Axa have often been on the forefront of divesting from fossil fuels, and now they are being joined by the oldest insurance market in the world.
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