NU Online News Service, Nov. 28, 3:30 p.m. EST

Insurers can play a vital role in the development of renewable energy by producing risk-transfer programs and making corporate investments themselves, says insurer Munich Re.

As world representatives meet this week in Durban, South Africa, the Munich, Germany-based company released a statement urging insurers and nations to work at finding ways to limit the negative impact of global warming on the environment.

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