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  1. Insurers flee climate alliance after ESG backlash in the U.S.  Reuters
  2. Insurers Quit Climate Club in Droves After Threats From GOP  Bloomberg
  3. Prominent Insurance Companies Quit Major Climate Alliance  OilPrice.com
  4. Carney's climate alliance sounds alarm on "political attacks" on insurers  Reuters
  5. View Full Coverage on Google News
A United Nations-convened climate alliance for insurers suffered at least three more departures on Thursday including the group's chair, as insurance companies take fright in the face of opposition from U.S. Republican politicians.A United Nations-convened climate alliance for insurers suffered at least three more departures on Thursday including the group's chair, as insurance companies take fright in the face of opposition from U.S. Republican politicians.

Insurers flee climate alliance after ESG backlash in the U.S. | Reuters

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Insurance giants' departures are the latest in a flurry of exits from NZIA.

AXA, Allianz leave Net-Zero Insurance Alliance

Carbon Tracker on Twitter: "Three of Europe’s 🇪🇺 biggest insurers, Axa, Allianz & Scor have quit the #NetZero Insurance Alliance as growing US 🇺🇸 political pressure & legal fears plunge the #GFANZ climate initiative into crisis https://t.co/lshJSUdrsi" / Twitter

Carbon Tracker on Twitter: "Swiss Re, the world’s second-largest reinsurer is quitting the GFANZ #NetZero Insurance Alliance - the world’s main climate alliance for insurers, joining a growing exodus from the coalition of some of the industry’s biggest companies https://t.co/N93aKDimOd" / Twitter

Utah Attorney General on Twitter: "After we led efforts to investigate the Net-Zero Insurance Alliance because of its commitments to advance an activist climate agenda, a fourth company just announced its exit from the Alliance. AGs are making a difference to stop the ESG movement. https://t.co/6WbwCYNKWP" / Twitter

Steve Milloy on Twitter: "I love the @washtimes, but the caption for this photo erroneously reads: "A plume of smoke being emitted into the air from a power plant, Feb. 16, 2022, in Fairbanks, Alaska." That is not 'smoke.' It is water vapor. Facts matter. https://t.co/EEV7DsV0qM - @washtimes" / Twitter

Bloomberg - Are you a robot?

LONDON, May 26 (Reuters) - "Political attacks" are interfering with insurers' efforts to price climate risks, the Glasgow Financial Alliance for Net Zero said on Friday, after a wave of insurers quit an industry climate group following pressure in the United States. "These political attacks are now interfering with insurers’ independent efforts to price climate risk, which will harm policyholders, main street investors and local economies," a spokesperson for GFANZ, a United Nations-backed coalition of financial institutions launched by ex-Bank of England Governor Mark Carney, said in a statement.LONDON, May 26 (Reuters) - "Political attacks" are interfering with insurers' efforts to price climate risks, the Glasgow Financial Alliance for Net Zero said on Friday, after a wave of insurers quit an industry climate group following pressure in the United States. "These political attacks are now interfering with insurers’ independent efforts to price climate risk, which will harm policyholders, main street investors and local economies," a spokesperson for GFANZ, a United Nations-backed coalition of financial institutions launched by ex-Bank of England Governor Mark Carney, said in a statement.

UPDATE 2-Carney's climate alliance sounds alarm on "political attacks" on insurers

Global reinsurance giant Swiss Re is the latest company to announce it will leave the Net-Zero Insurance Alliance (NZIA), becoming the fourth major

Swiss Re joins other major re/insurers in leaving Net-Zero Insurance Alliance - Reinsurance News

A number of prominent members of the Net Zero Insurance Alliance have quit the organization in recent months as resistance to ESG in some areas grows.A number of prominent members of the Net Zero Insurance Alliance have quit the organization in recent months as resistance to ESG in some areas grows.

Prominent Insurance Companies Quit Major Climate Alliance | OilPrice.com

Swiss Re is quitting the world's main climate alliance for insurers, joining a growing exodus from the coalition of some of the industry's biggest

Swiss Re Becomes Fourth Insurer to Leave Net Zero Group

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Munich Re, Swiss Re, Hannover Re and Zurich have all abandoned the project in the past eight weeks.Lloyd’s CEO John Neal has called for an overhaul of the Net-Zero Insurance Alliance (NZIA) objectives after a series of high-profile exits from the group.

Neal calls for NZIA rethink in wake of carrier exits

The future of the NZIA is in the spotlight following several prominent exits from the organisation.The United Nations Environment Programme (UNEP) has reaffirmed its commitment to working with the insurance industry to deepen climate collaboration in the wake of several prominent exits from the Net-Zero Insurance Alliance (NZIA).

UN reaffirms commitment to climate collaboration following NZIA exits

Insurance coverage is emerging as battleground for sustainability advocates taking on the fossil fuels industry,

Insurance industry gets heat from shareholders over oil and gas coverage

Swiss Re said on Tuesday that it has left the Net-Zero Insurance Alliance, joining an exodus of insurers quitting the sector's United Nations-convened climate group amid growing antitrust concerns.  Swiss Re said on Tuesday that it has left the Net-Zero Insurance Alliance, joining an exodus of insurers quitting the sector's United Nations-convened climate group amid growing antitrust concerns.  

Swiss Re Joins Peers In Quitting UN Insurance Climate Group - Law360 UK

Swiss Re, Munich Re and Hannover Re have recently ended their membership in NZIA.Swiss Re, Munich Re and Hannover Re have recently ended their membership in NZIA.

SCOR joins Europe’s Big 4 reinsurers to exit net zero alliance

A conservative activist group is taking its anti-ESG advocacy Thursday to the doorsteps of businesses in New York that are part of a U.N. coalition of insurance companies dedicated to ending fossil fuel emissions by 2050.A conservative activist group is taking its anti-ESG advocacy Thursday to the doorsteps of businesses in New York that are part of a U.N. coalition of insurance companies dedicated to ending fossil fu

Demonstrators target emergency meeting of U.N. climate change group - Washington Times

Insurance Companies Leave Net-Zero Insurance Alliance After AG Reyes Investigates ESG Agenda - Utah Attorney General

A U.N.-convened climate alliance for insurers was holding talks on Thursday to decide if it had a future after three more companies — Allianz SE, Axa SA and Scor SE — quit in the face of growing political opposition in the United States.A U.N.-convened climate alliance for insurers was holding talks on Thursday to decide if it had a future after three more companies — Allianz SE, Axa SA and Scor SE — quit in the face of growing political opposition in the United States.

Allianz, Axa, Scor quit UN climate alliance as insurers hold talks | Business Insurance

FRANKFURT/LONDON — Allianz and AXA on Thursday became the latest insurers to quit a global climate alliance that is holding crunch talks to decide its future…

Allianz and AXA quit climate alliance as insurers hold crunch talks | Financial Post

FRANKFURT/LONDON — Allianz and AXA on Thursday became the latest insurers to quit a global climate alliance that is holding crunch talks to decide its future…

Allianz and AXA quit climate alliance as insurers hold crunch talks | Financial Post

Some reinsurance companies have pledged to stop insuring new oil and gas projects. So why are they quitting the UN Net-Zero Insurance Alliance?

Insurance giants exit net-zero pact | Corporate Knights

By Tommy Wilkes, Alexander Hübner and Tom Sims LONDON/FRANKFURT (Reuters) -A United Nations-convened climate alliance for insurers suffered at least three ...

Insurers flee climate alliance after ESG backlash in the U.S | SaltWire

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The reinsurance company said its climate targets

Swiss Re defects from Net-Zero Insurance Alliance in new blow to UN initiative | S&P Global Market Intelligence

The world’s biggest climate alliance for insurers has started hemorrhaging members, after Republican attorneys general accused the group of antitrust violations.

Insurers Quit Climate Club in Droves After Threats From GOP (2)

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Signatories of an United Nations-convened climate alliance will meet on Thursday to discuss next steps after some of its biggest members exited the group, Bloomberg News reported on Wednesday, citing... | May 26, 2023Signatories of an United Nations-convened climate alliance will meet on Thursday to discuss next steps after some of its biggest members exited the group, Bloomberg News reported on Wednesday, citing... | May 26, 2023

Climate alliance for insurers set for emergency meeting after multiple exits - Bloomberg News | MarketScreener

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Allianz, AXA and SCOR all announced departures from the Net Zero Insurance Alliance (NZIA) on Thursday, following political pressure in the US and fears...

Allianz, AXA among insurers shunning net zero alliance

Some US Republicans say the group could be violating antitrust laws by collaborating to cut clients’ carbon emissions. Read more at straitstimes.com.

Insurers flee climate alliance after ESG backlash in the US | The Straits Times

LONDON (Reuters) - The United Nations Environment Programme on Wednesday said "recent discussions within the United States" had been behind four insurance firms quitting a UN-convened alliance aimed at reducing carbon emissions in recent months. Re...LONDON (Reuters) - The United Nations Environment Programme on Wednesday said "recent discussions within the United States" had been behind four insurance firms quitting a UN-convened alliance aimed at reducing carbon emissions in recent months. Re...

UN says US concerns have led to insurers quitting climate alliance | The Mighty 790 KFGO | KFGO

Reinsurer Swiss Re on Monday became the latest major company to leave a global climate alliance focused on reducing emissions that has faced growing political pressure in the United States. Swiss Re said in an emailed statement it had decided to leave the Net-Zero Insurance Alliance (NZIA), without giving a reason for the decision. The move to leave the NZIA, part of the Glasgow Financial Alliance for Net Zero set up by U.N. climate envoy Mark Carney, follows the exit of members Munich Re at the end of March and Zurich Insurance and Hannover Re in April.Reinsurer Swiss Re on Monday became the latest major company to leave a global climate alliance focused on reducing emissions that has faced growing political pressure in the United States. Swiss Re said in an emailed statement it had decided to leave the Net-Zero Insurance Alliance (NZIA), without giving a reason for the decision. The move to leave the NZIA, part of the Glasgow Financial Alliance for Net Zero set up by U.N. climate envoy Mark Carney, follows the exit of members Munich Re at the end of March and Zurich Insurance and Hannover Re in April.

Swiss Re decides to leave Net-Zero Insurance Alliance

LONDON — A global climate alliance for insurers needs to make its membership rules less prescriptive or risk falling apart, the boss of Lloyd’s of London said…

Lloyd's of London boss calls for UN climate alliance rules rethink | Financial Post

LONDON — A global climate alliance for insurers needs to make its membership rules less prescriptive or risk falling apart, the boss of Lloyd’s of London said…

Lloyd's of London boss calls for UN climate alliance rules rethink | Financial Post

LONDON (Reuters) - "Political attacks" are interfering with insurers' efforts to price climate risks, the Glasgow Financial Alliance for Net Zero said on Friday, after a wave of insurers quit an industry climate group following pressure in the United States. "These political attacks are now interfering with insurers’ independent efforts to price climate risk, which will harm policyholders, main street investors and local economies," a spokesperson for GFANZ, a United Nations-backed coalition of financial institutions launched by ex-Bank of England Governor Mark Carney, said in a statement.LONDON (Reuters) - "Political attacks" are interfering with insurers' efforts to price climate risks, the Glasgow Financial Alliance for Net Zero said on Friday, after a wave of insurers quit an industry climate group following pressure in the United States. "These political attacks are now interfering with insurers’ independent efforts to price climate risk, which will harm policyholders, main street investors and local economies," a spokesperson for GFANZ, a United Nations-backed coalition of financial institutions launched by ex-Bank of England Governor Mark Carney, said in a statement.

Carney's climate alliance sounds alarm on "political attacks" on insurers

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