UPDATE 1-U.S. insurer Chubb pulls back from coal
Chubb Ltd will become the
first U.S. insurer to phase out its coal investments and
insurance policies, saying on Monday it will no longer sell
insurance to or invest in companies that make more than 30% of
their revenue from coal mining.
first U.S. insurer to phase out its coal investments and
insurance policies, saying on Monday it will no longer sell
insurance to or invest in companies that make more than 30% of
their revenue from coal mining.
Posted by Reuters
