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The thermal coal policy applies to both existing and new thermal coal mines, power plants, and is implemented across all lines of business and Swiss Re’s global scope of operations. The thermal coal policy applies to both existing and new thermal coal mines, power plants, and is implemented across all lines of business and Swiss Re’s global scope of operations. (Photo: Shutterstock)

Swiss Re has begun the implementation of its thermal coal policy, a little over a year after the announcement was first made in July 2017. Under the policy, Swiss Re will not provide insurance/reinsurance to businesses with more than 30% exposure to thermal coal across all lines of business.

Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at djacob@alm.com.

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