Zurich Insurance Said to Pull Out of Nord Stream 2 Project
- Insurer is third company to cut ties with the link this year
- Work set to start on controversial pipeline in Danish waters
The Nord Stream 2 Baltic Sea pipeline.
Photographer: Jens Büttner/picture alliance/Getty Images
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
Zurich Insurance Group AG has decided to stop providing insurance services linked to the Nord Stream 2 gas pipeline, over the threat of further U.S. sanctions on the project, according to people close to the matter.