Six Re-Insurers Backs Away From The East African Crude Oil Pipeline – InsuranceNewsNet
The world's largest re-insurer, Munich-Re, has become the latest re-insurance company to confirm that it will not provide cover for the East African Crude Oil Pipeline, as pressure from the StopEACOP campaign gains momentum. Munich-Re joins Hannover, AXA, Swiss Re, SCOR and Zurich that have already declared publicly that they won't insure the project citing...