Hannover Re tightens rules for reinsuring coal development projects

first_imgHannover Re tightens rules for reinsuring coal development projects FacebookTwitterLinkedInEmailPrint分享Business Insurance:Hannover Re SE is adopting a more restrictive underwriting policy on the reinsurance of coal-based risks in addition to excluding coal-based projects from its investment portfolio.Hannover Re does not invest in securities of issuers that generate 25% or more of their revenues from coal-based energy production and will continue to seek to underwrite more risks associated with renewable or alternative energy sources, the Hanover, Germany-based reinsurer said Thursday in a statement.“Where standalone risks are concerned, the company will now — as a general principle — not be providing reinsurance coverage for any planned new coal-fired power plants or coal mines,” Hannover Re said. “In countries where coal accounts for a particularly large share of the energy mix and sufficient access to alternative energy sources is not available, a limited number of exceptions will be permitted after review of the technical standards.”Hannover Re has set a goal of not covering any coal-based risks in connection with power generation in its entire property/casualty reinsurance portfolio beginning in 2038 — a date that accounts for the medium- to long-term phasing out of fossil fuels, the company said.  “For many years the Group has supported the goals set out in the Paris Agreement on climate change,” Hannover Re said in the statement. “The governments of 195 nations reached agreement on a global action plan for a low-carbon economy with a view to combating climate change. In Europe alone, 17 of 28 EU member states have decided to phase out fossil fuels or are discussing such a move.”More: Hannover Re tightens underwriting for coal riskslast_img read more

Pit Stops: July

first_imgWe want to hang out! That’s part of the reason why we hit the road in the first place. Check back on our blog and social media handles regularly for updates on when and where we’ll be near you, but in the meantime, browse through our July schedule for event presences and meet-ups this month.July 15th: River Clean Up with Rocky Mountain AnglersJoin us on July 15th to help clean up Boulder Creek. The wild waters run from high in the mountains straight through Boulder, Co. We’ll be partnering with Rocky Mountain Anglers to clean up a section of the creek that flows within walking distance from RMA. Afterwards we’ll head back to Rocky Mountain Anglers shop for a good old fashion cookout.July 16th: ROAR in the CityROAR in the city is a “really outrageous adventure race” in Colorado Springs and this year’s theme is Star Wars. Proceeds of this fundraiser go to UpaDowna who help provide outdoor opportunities for all. Come participate in one or all of the many events going on throughout the day.July 19th: Slackline & Hammock JamboreeMeet at the Scott-Carpenter Park in Boulder, Co at 5:30pm for a chance to relax in an ENO Hammock or show off some of your slackline skills. We’ll be hanging out for a couple hours so stop by, say hey, and relax.July 22nd– 23rd: Group Camp-Out with Elevation Outdoors MagazineJoin the Elevation Outdoors Magazine crew on Friday, July 22nd for a group campout in the James Peak Wilderness. We’ll be parking at the East Portal/ Moffatt Tunnel trailhead (Co Rd 16, Rollinsville, CO 80474). You can either meet us at the Elevation Outdoors office (2510 47th Street Unit 202 Boulder CO 80301) at 5:30pm to carpool or just meet us at the trailhead at 6:15pm. There are multiple group camping sites, but none are more than 1 mile from the trailhead. Group size can’t exceed 12 members within the James Peak Wilderness so RSVP to adam@blueridgeoutdoors.com to confirm your spot.July 26th: Group Mountain Bike Ride with Gearonimo SportsCome join us at Gearonimo Sports in Colorado Springs, CO for an evening of riding and climbing. We’ll meet at Gearonimo Sports at 5:30pm, venture to Bear Creek and Straton Open Space, then head back to the shop to climb for free!July 29th: Elevation Outdoors Magazine Presents: Van Life Rally at Upslope Brewing CompanyElevation Outdoors Magazine and Upslope Brewing Company present: A Van Life Rally at Upslope Brewing Company on Central Avenue in Boulder Colorado. If you have lived or still live [or know a friend of a friend who lives or has lived] in your vehicle and are proud to share your ins and outs of space efficiency then email adam@blueridgeoutdoors.com. Spots are limited, so if you are interested in displaying your van email Adam ASAP.Curious about life on the road? Here’s your chance to check out some of the Boulder area’s raddest homes-on-wheels. Elevation Outdoors Magazine’s road team Live Outside and Play will have their van there to check out as well.If you like vans, craft beer, and like-minded adventure junkies, you belong here!last_img read more

Ecuadorean security forces make series of large drug seizures

Citizen cooperation Ecuadorean law enforcement authorities recently seized more than 3.5 tons of drugs in more than 100 security operations. Security forces seized the drugs during a span of seven days in mid-November 2013. Security forces also captured 83 suspected drug trafficking operatives. Among them were 75 Ecuadoreans, six Colombians, and two Mexican nationals. Security forces also detained 14 minors who allegedly collaborated with the drug traffickers. By late November, security forces had seized 53 tons of drugs. The yearly record for drug seizures in Ecuador is 68 tons, which were seized in 2009. The volume of drugs seized by Ecuadorean security forces has increased dramatically in recent years.’ In 2010, security forces seized 18 tons of drugs. In 2011, authorities seized 26 tons of drugs. Ecuador cooperates with Peru and Colombia in fight against organized crime Ecuadorean President Rafael Correa recently signed agreements with the presidents of Peru and Colombia that call on the three countries to cooperate in the fight against organized crime. Correa and Colombian President Juan Manuel Santos discussed Colombia’s ongoing peace talks with the Revolutionary Armed Forces of Colombia (FARC), during a binational meeting held on Nov. 25, 2013. The two leaders met in the border region which divides the two countries, in the Colombian city of Ipiales. Correa, Santos, the foreign ministers of both countries and several Ecuadorean and Colombian Cabinet ministers met for about four hours to discuss progress on agreements that were reached during the First Binational Cabinet meeting between the two countries. That meeting was held in December 2012 in the Ecuadorean city of Tulcán. Following the Nov. 25 meeting, Correa and Santos signed eight agreements regarding issues such as security, transportation, education, tourism, and the oil industry. Nine days before that meeting, Correa and the president of Peru, Ollanta Humala, agreed to have their respective security forces strengthen their cooperation in the battle against human trafficking and the illegal sales of stolen fuel. Humala and Correa announced the initiatives after they met on Nov. 14, 2013, in the city of Piura, Peru, near the Ecuadorean border. The meeting between of the two presidents concluded the VII Binational Ministerial Cabinet Meeting. The two presidents announced they had signed the two security cooperation agreements. Ecuadorean citizens are helping security forces by providing information about the suspected activities of drug traffickers, authorities said. Such cooperation is crucial in the battle against drug traffickers and other organized crime groups, according to security analysts. For example, information received from citizens led to the security operation “No Return,” in late November 2013, authorities said. Security forces received information from a citizen or citizens that drugs were hidden in a fiber boat docked at Las Piedras Viejas in Tachina, Esmereldas. Security forces inspected the boat and found 208 packages of cocaine hidden on the vessel, authorities said,. Targeted police operations Large drug seizures ‘El Chapo’ in Ecuador A transit point for drug trafficking By Dialogo November 29, 2013 The Sinaloa Cartel and Los Zetas, two violent Mexican transnational criminal organizations, operate in Ecuador, transporting drugs, according to authorities and security analysts. In February 2013, 19 inmates escaped from a high-security Ecuadorian prison in Guayaquil, located about 420 kilometers south of Quito. Among the escapees was Cesar Demar Vernaza Quinonez, who is known as “The Entrepreneur.” He is the leader of a gang, known as “The Courageous,” which collaborates with the Sinaloa Cartel, authorities said. The Courageous transports and protects drug shipments for the cartel, which is led by fugitive drug kingpin Joaquin “El Chapo” Guzman. Colombian security forces recaptured The Entrepreneur in that country in April 2013. Authorities extradited The Entrepreneur to Ecuador, where he is facing drug trafficking charges. Ecuadorean police have made a large series of drug seizures by specifically targeting and focusing on organized crime groups, said Bertha Garcia, a security analyst at the Catholic University of Ecuador. “Ecuador is not a drug-producing country, but it is a country of drug collection and passage,” the security analyst said. “Drug shipments come in from Peru and Colombia. Although we cannot say these are huge quantities of drugs which are being seized, because Ecuador is a small country, but the volume is obviously increasing.” The November operations closely followed a major drug seizure in late October 2013. In that operation, Ecuadorean security forces found and seized more than a half-ton of drugs – cocaine alkaloid — in the seaport of Guayaquil. Security forces found the cocaine alkaloid hidden inside a container filled with pineapples. Drug traffickers intended to transport the cocaine alkaloid by boat to Belgium, according to police Gen. William Balarezo, commander of the Guayas province police district. The port drug seizure was reported by Interior Minister Jose Serrano, via his Twitter account. The series of large drug seizures indicate that Ecuador is becoming an important transit point for drug traffickers who smuggle drugs to Europe and Asia, a security analyst said. “Drug smugglers are increasingly using Ecuador as a shipping point directly to the intended markets,” explained Hector Chavez, a security analyst at the University of Guayaquil. Drug traffickers are decreasing the volume of drugs they transport to Central American markets through Ecuador, Chavez said. “Lower volumes of drugs are being shipped to Central American markets or Mexico from Ecuador,” Chavez said. “Criminals have realized that it is more cost effective and less risky to ship directly to European and Asian markets directly from Ecuador,” Chavez said. Ecuadorean security forces have used intelligence, technology, and cooperation with the Armed Forces to make a series of important drug seizures in recent months, according to Deputy Interior Minister Javier Cordoba. Among the seizures: • In October 2013, the Ecuadorian Navy and police forces collaborated to seize 799 kilos of cocaine in the country’s territorial waters, drugs which were destined for Central America and ultimately north to the United States, authorities reported. Advanced technology helped the authorities find the boat that was smuggling the cocaine, according to Naval officials. • Also in October 2013, Ecuador’s anti-narcotic agents from the National Police seized at least three tons of cocaine in an operation held in the southwestern coastal province of Santa Elena, Ecuador’s Interior Minister Jose Serrano announced. Security forces captured 11 suspects, Serrano announced via Twitter. The suspects were connected to a powerful Colombian drug trafficking organization, “Los Urabeños,” Serrano said via Twitter. • In May 2013, Ecuadorian police arrested five Ecuadoreans and four Mexicans who were suspected of being part of a drug trafficking network. Police also seized 453 kilograms of cocaine and $276,567 in cash. The arrests and seizures were part of part of “Operación Aluvión.” • In April 2013, Ecuadorean police alerted the Coast Guard that a yacht, the “Green Onion,” was transporting a large quantity of cocaine. The Coast Guard pursued the boat, which escaped into international waters. The Ecuadorian Navy alerted the U.S. Coast Guard, which captured the boat in waters near Cabo San Lucas, Mexico. When they realized they were about to be captured, the crew burned about four tons of cocaine. read more

Myers and Chande buy £60m portfolio

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Jens Lehmann and Marc-Andre ter Stegen send messages to Bernd Leno after Arsenal’s defeat at Brighton

first_img Comment I am really sorry for #BerndLeno. He did great for #Arsenal and I hope his injury is not too bad and will recover soon.— Jens Lehmann (@jenslehmann) June 20, 2020 Jens Lehmann and Marc-Andre ter Stegen send messages to Bernd Leno after Arsenal’s defeat at Brighton Advertisement Advertisement Metro Sport ReporterSunday 21 Jun 2020 10:03 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link478Shares Arsenal head coach Mikel Arteta admitted he feared the worst regarding Leno’s injury when speaking to BT Sport after Saturday’s clash. ‘It doesn’t look good, but we don’t know anything yet,’ the Spaniard said. More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalAsked about the way his players surrounded Maupay after the final whistle, Arteta replied: ‘I don’t know. It’s too far from me. I haven’t seen the action. ‘I always believe players never mean to hurt anybody.’Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page.MORE: ‘We need to be showing that fight!’ – Arsenal legend Ian Wright defends Matteo Guendouzi over Neal Maupay clashMORE: Rio Ferdinand slams Alexandre Lacazette and blames Arsenal striker for Brighton equaliser Leno was furious with Maupay as he was helped off the pitch (Picture: Getty)The 28-year-old shot-stopper vented his anger at Maupay as he was stretchered off the pitch and his Arsenal team-mates followed suit immediately after the final whistle, with Matteo Guendouzi grabbing the striker by the neck.AdvertisementAdvertisementADVERTISEMENTArsenal are yet to reveal the severity of the injury but it’s expected Leno will be out for some time, meaning Emiliano Martinez – who came on to replace the Germany international on the south coast – looks set for an extended run in the side. Manchester United’s David De Gea put club differences to one side to send a message of support to the Arsenal ‘keeper after the match.And fellow countryman Marc-Andre ter Stegen, widely regarded to be the best goalkeeper on the planet, had some kind words for his Germany team-mate.‘I wish you a lot of strength and a good recovery! @berndleno1 💪👊,’ the Barcelona ace posted on Instagram. Former Arsenal star Jens Lehmann, who later worked as an assistant coach under Unai Emery, also passed on his support to his compatriot. ‘I am really sorry for Bernd Leno,’ the Arsenal ‘Invincible’ tweeted. ‘He did great for Arsenal and I hope his injury is not too bad and will recover soon.’ Bernd Leno is expected to be sidelined for some time after his injury at Brighton (Picture: Getty)The goalkeepers’ union came out in full force to support Bernd Leno after the German suffered a horrendous-looking injury during Arsenal’s 2-1 defeat to Brighton.Lewis Dunk’s scrambled effort with 15 minutes remaining cancelled out Nicolas Pepe’s superb earlier strike and Neal Maupay secured all three points for the hosts with a cool finish at the death.However, much of the post-match discussion centred around Maupay’s involvement in Leno’s injury towards the end of the first half after he nudged the Arsenal man in the air at an empty Amex Stadium.last_img read more