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Munich Re stops insuring Nord Stream 2 amid sanctions threat

FRANKFURT, Feb 23 (Reuters) - A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid the threat of sanctions by the U.S. government.

“Munich Re Syndicate has issued the notice of termination to Nord Stream 2,” a spokesman said in an emailed statement on Tuesday.

Reporting by Tom Sims Editing by Riham Alkousaa

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