Munich Re withdraws from industry climate alliance

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The German insurer Munich Re said on Friday that it was withdrawing from an industry-wide alliance of insurers focused on reducing carbon emissions.

Munich Re Group logo is seen on a smartphone in front of displayed stock graph in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustrationsaid on Friday that it was withdrawing from an industry-wide alliance of insurers focused on reducing carbon emissions.

Munich Re said it would exit the Net-Zero Insurance Alliance to avoid antitrust risks but that it was sticking to its own climate targets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines