Insurance company Zurich drops coverage for Trans Mountain oil pipeline

📆 23/07/2020 00:02:00
📰 nationalpost

⏱ Reading Time:
21 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 80%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Financial services companies are under pressure from environmental campaigners to cease doing business with the fossil fuel industry

Trans Mountain said it has the insurance it needs for its existing operations and the “expansion project.”

The Trans Mountain pipeline’s annual liability insurance contract, dated August 2019 but filed with the Canada Energy Regulator on April 30, 2020, had shown Zurich was the lead insurer for the pipeline.Zurich was the sole insurer for the first $8 million of potential insurance payouts and the company provided a total of $300 million in cover with other insurers, the 2019/20 energy regulatory filing showed.

Scrivi un Commento

Note to file: Cancel all insurance with Zurich and recommend same to all in Canada. As if Zurich and its employees does not use these products!!! Hypocrites!

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Corporate insiders who nailed the market bottom in March are now starting to sell stocksExecutives in charge of the companies benefiting from the rally are showing signs of anxiety The bubble is bursting. Critica96592064 As anyone should who's been in the market since the bottom
Fonte: nationalpost - 🏆 10. / 80 Leggi di più »