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Sick mine workers allege insurer delaying medical payments

Sick mine workers allege insurer delaying medical payments
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Global insurers' focus on ESG will impact energy sector: report


Katie Keir
The global insurance industry is responding to the call for greater environmental, social and governance (ESG) investment efforts, leading to “ambitious emissions targets” and coverage restrictions for high polluters, said a new report from DBRS Morningstar on Wednesday.
Through both the coverage they offer to energy projects and their investment portfolios, insurers are increasingly focusing on ESG and sustainability, the report said, noting, “Many of the largest global insurance providers have signed up to comply with climate friendly frameworks for sustainable insurance and are investing with the support of the United Nations.”
One example is the Canadian Life and Health Insurance Association (CLHIA), which signed on to the United Nations’ sustainable insurance initiative in December. The organization stated at the time that it’s crucial for the industry to understand ESG risks in order to remain resilient, affordable and accessible. ....

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European companies back out of Nord Stream 2: US report | News | DW


Conflicts over Nord Stream 2 reignited
So far, however, the US has only imposed sanctions on the Russian company KVT-RUS, which owns the Russian pipe-laying vessel Fortuna.
US allies should not be surprised if the administration takes further action, Price said. Work on the pipeline had resumed in December after being suspended for nearly a year as a result of US sanctions. Construction between Russia and Germany is now almost complete.
German, Swiss, British firms back out
Most of the companies terminating their participation are insurance companies, the majority of which are based in the United Kingdom.
Among them are Munich-based insurer Munich Re Syndicate Limited and Switzerland-based Zurich Insurance Group. Axa Group, based in Paris, and civil engineering group Bilfinger of Mannheim have also terminated their involvement, according to the US State Department. ....

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