The largest insurance company refuses tobacco conglomerates

Крупнейшая страховая компания отказывается от табачных конгломератов

The Axa Group intends to sell stocks and bonds in tobacco companies in the amount of 1.7 billion euros.

The largest insurance company in the world – the French Axa Group is a cease to insure the tobacco conglomerates.

Axa Group, in which management has 1.36 trillion euros of assets, plans to sell shares and bonds in tobacco companies in the amount of 1.7 billion euros.

As the leadership of the Axa Group, in the long term, investments in products, which, according to the world health organization, will take in the 21st century hundreds of millions of lives, does not justify itself.

Most of the major players in the insurance market continues to invest in tobacco products, but the fighters with cancer say that the time has come to follow the example of the French giant.

Over the last 10 years in a number of countries had banned Smoking in public places, on packs appeared graphic warnings, and the stores were forbidden to put tobacco products on display.

New EU laws that came into force last week, determined that on top of the packs should be an extra warning about the dangers of Smoking.

May 21, in the English County of Nottingham stopped working last in Britain, tobacco factory.

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