Swiss Re becomes latest to exit Net Zero Insurance Alliance

clock • 5 min read
Credit: Swiss Re
Image:

Credit: Swiss Re

Reinsurance giant withdraws from UN-led climate initiative 'with immediate effect', following hot on the heels of Munich Re, Zurich and Hannover Re

Swiss Re is to exit the Net Zero Insurance Alliance (NZIA) "with immediate effect", marking the latest in string of departures from both insurers and reinsurers to the UN-convened climate initiative...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Smart Pension invests £330m into Octopus Energy renewables funds

Smart Pension invests £330m into Octopus Energy renewables funds

Investment from the pension scheme aimed at financing green energy projects, including ground source heat pumps in South Wales

Martin Richmond
clock 29 July 2025 • 3 min read
Aquila European Renewables board 'disappointed' after preferred bidder changes offer

Aquila European Renewables board 'disappointed' after preferred bidder changes offer

Clean energy investor pauses share selling process after preferred bidder reduces number of assets it had planned to acquire

Sorin Dojan, Investment Week
clock 29 July 2025 • 1 min read
NatWest targets £200bn in climate and transition financing by 2030

NatWest targets £200bn in climate and transition financing by 2030

British banking giant unveils fresh five-year goal after already surpassing its previous £100bn target for the end of 2025

Michael Holder
clock 28 July 2025 • 2 min read