A hand stacking wooden blocks with climate related imagery on them. Nineteen participants from around the world make up the founding group of insurers and reinsurers in the FIT. Photo: narawit/Adobe Stock

The Net Zero Insurance Alliance (NZIA), a global coalition that formed with the intention of helping the insurance sector curb greenhouse gas emissions, has disbanded and restructured after criticism of its ESG initiatives by Republican officials in the United States. This decision comes after at least seven members of the NZIA – including Swiss Re, Munich Re, Zurich Insurance and Hannover Re – left the group last year.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].

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