Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures
Zurich Insurance Group AG will no longer underwrite new oil and gas projects.
Source: rigzone.com
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Around Town
The Old Tyme Christmas celebration in downtown Oelwein is next Friday, Dec. 1. I can’t begin to list all the activities the OCAD girls have planned for us but be
Source: communitynewspapergroup.com
Rainforest Action Network: At Chubb AGM, Insurance Giant Faced Demands for Climate Action on the Ballot and in the Streets
ZURICH, Switzerland, May 20-- Rainforest Action Network issued the following news release on May 19, 2022:. Another resolution filed by Green Century Capital Management calling on the insurance giant to stop underwriting new fossil fuel supplies, in line with the International Energy Agency's net zero roadmap, did not pass. However, Chubb and some of its major...
Source: insurancenewsnet.com
Bitcoin As A Reserve Currency? No, Says Swiss National Bank
The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank's annual general meeting on Friday.
Source: ndtv.com
Swiss National Bank opposed to holding Bitcoin as a reserve currency: Reuters
ZURICH: The Swiss National Bank is against buying and holding Bitcoin as a reserve currency, chairman Thomas Jordan said at the central bank’s annual general meeting on Friday, according to Reuters. “Buying bitcoin is not a problem for us, we can do that either directly or can buy investment products which are based on bitcoin,” Jordan said. “We can arrange the technical and
Source: arabnews.com