Zurich Insurance exits group committed to net-zero emissions

The Swiss insurer is withdrawing from the Net-Zero Insurance Alliance, after Munich Re said it would too, last Friday

06 April 2023 – 11:59 Alastair Marsh

Zurich Insurance is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days.

The Swiss insurer said in a statement that it was withdrawing from the Net-Zero Insurance Alliance, which is a sub-unit of the larger Glasgow Financial Alliance for Net Zero. The move comes after Munich Re said Friday it also will exit the group, which was convened by the UN in 2021 and has about 30 members…

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