Munich Re withdraws from Net-Zero Insurance Alliance citing ‘antitrust risks’
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Munich Re withdraws from Net-Zero Insurance Alliance citing ‘antitrust risks’

Kyoung-son Song
March 31, 2023
  • Show more sharing options
  • Print
  • X
  • LinkedIn
munich re Building in Munich, Germany.jpg

Munich Re has discontinued its membership in the Net-Zero Insurance Alliance (NZIA), due to “material antitrust risks”.

In a statement today, Munich Re CEO Joachim Wenning said: “In our view, the opportunities to pursue decarbonisation goals in a collective approach among insurers worldwide without exposing ourselves to material antitrust risks are so limited that it is...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News ESG Munich Re
kyoung-son song ii us.png
Kyoung-son Song
Senior Reporter
Contact
Gift this article