The chief executive of Lloyd’s of London has called for a rethink of a United Nations-backed insurance industry initiative to tackle climate change after five of the world’s biggest insurers pulled out in the space of only two days. John Neal said Lloyd’s had no plans to join the exodus, but said the Net-Zero Insurance Alliance needed to consider a change of direction. “NZIA need to have another look at what their objectives are or the alliance will fall apart,” … read more »
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