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

Kyoung-son Song
March 31, 2023
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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...

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Kyoung-son Song
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