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Insurers get FIT after ditching the NZIA
25 April 2024From the ashes of the NZIA, a new Forum for Insurance Transition to Net Zero (FIT) has emerged, promising to lead the industry's climate agenda. FIT chair Butch Bacani talks to Joshua Geer about the forum's mission and objectives
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UN kills off NZIA and launches multi-stakeholder forum for net zero
25 April 2024Insurers, regulators, academics, civil society and lawyers make up the new group
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German insurers predict premiums could double without action on climate risk
16 January 2024Head of German trade body explains what has to be done to address the hazard
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Lloyd's chief asked why insurers "rolled over so easily" on NZIA
07 September 2023John Neal explains why the market decided to leave the alliance
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With a watered-down NZIA, where do insurers' climate commitments stand?
16 August 2023After six of the eight founding members left the Net-Zero Insurance Alliance, Joshua Geer investigates if their ambitions stand
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NZIA ditches all emissions targets for insurers
06 July 2023The alliance's target setting protocol will now act as a voluntary best practice guide
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Staffing risks hit multi-year peak at German insurers
26 May 2023Worries over skills shortages and labour costs sit at 13-year highs, DIHK survey finds
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Provinzial regains P&C profitability after Bernd's wreckage in 2021
25 May 2023German insurer's life sales slow in tough markets
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German life firms unwind €4bn from €92bn ZZR in 2022
10 May 2023BaFin's Frank Grund reminds them policyholders must benefit
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Climate alliances crumbled by anti-woke politics
01 May 2023The unravelling of the Net-Zero Insurance Alliance owes a lot to right-wing US politics, where ESG and climate action is seen as a threat to business, as Sarfraz Thind discovers