Insurers commit to tackling climate change with launch of net zero alliance

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Eight insurers and reinsurers have established a United Nations-convened Net Zero Insurance Alliance as founding members, committing to transition their insurance and reinsurance underwriting portfolios to net-zero greenhouse gas emissions by 2050.

The commitment has been made as the G20 gathers in Venice for its Climate Summit.

The founding members are Allianz, Aviva, Axa, Generali, Munich Re, Scor, Swiss Re and Zurich.

The insurers are

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