European insurance giant will halt sales to coal companies
![Photo: ritzau/Arkiv/Niels Hougaard](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article9171189.ece/ALTERNATES/schema-16_9/kul.jpg)
Europe's largest insurance provider, German-based Allianz, has promised to withdraw from all business engagements with coal companies before 2040, writes Financial Times.
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