German insurers are backing the damaged Nord Stream gas pipeline despite their country severing energy ties with Russia

German insurers are backing the damaged Nord Stream gas pipeline despite their country severing energy ties with Russia

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The Nord Stream natural gas pipeline. Stefan Sauer/Getty Images German insurers Allianz and Munich Re have renewed cover for the ruptured Nord Stream 1 gas pipeline, per Reuters. The insurance policy covers costs of damages to the key pipeline and business interruption issues. The move appears to…

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