A global insurance coalition intended to help curb the sector’s greenhouse gas emissions has relaunched with a new name and weaker membership requirements in response to companies fleeing over allegations of collusion by Republican politicians in the United States.
The insurance group, called the Net Zero Insurance Alliance (NZIA), will be disbanded and replaced by the Forum for Insurance Transition to Net Zero (FIT), the United Nations Environment Programme, which convened the NZIA, said on Thursday.
The move is the latest example of Republican-led