Another Big 4 reinsurer leaves Net-Zero alliance; sparks fears of further exits

20-04-2023

Another Big 4 reinsurer leaves Net-Zero alliance; sparks fears of further exits

The Net-Zero Insurance Alliance, which was convened by the United Nations, has lost its third insurer, joining its peers Munich Re and Zurich Insurance Group who withdrew their support recently. Analysts have warned that the exit of large founding members in a row could lead to a potential wave of departures and threaten the stability of the alliance.


Net-Zero Insurance Alliance, Hannover Re, Insurance, Reinsurance, Sustainability, Strategy, Climate change

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