In an emailed statement to Reuters, Swiss Re confirmed its decision to leave the NZIA but did not cite the reason behind the move.
Meanwhile, Swiss Re was quoted by Reuters as saying: “Our commitment to our sustainability strategy remains unchanged.”
Committed to sustainable value creation, Swiss Re has its Group Sustainability Strategy 2023–2025, which applies to all business activities of the firm. According to Swiss Re’s climate-related financial disclosures, the company is aiming for net-zero greenhouse gas emissions by 2050.
Insurance Business understands that the NZIA currently has 26 members.
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