Vienna Insurance Group (VIG) has published an ‘anti-coal policy’ and will no longer insure new coal power plants and mines, stop its investments in coal power plants and mines and extend existing contracts only under certain conditions.

VIG follows UNIQA, Generali and Zurich, who already have submitted coal exclusion policies.

VIG is one of the largest international insurers in Central and Eastern Europe. It offers its insurance products and services, such as property and casualty, life, and health insurance, to Austria, Bulgaria, Croatia, the Czech Republic, Germany, Hungary, Slovakia, Poland, Romania, Ukraine, the Baltic states, Turkey, Albania, Kosovo, Bosnia-Herzegovina, Macedonia, Moldova, Serbia, and Liechtenstein.

Share Story: