Nord Stream 1
The Nord Stream natural gas pipeline.
  • 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 be at odds with Germany's public stance of breaking energy ties with Russia after it invaded Ukraine. 

German insurers will renew cover for the Nord Stream 1 natural gas pipeline that blew up last year after alleged sabotage attacks, according to Reuters