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Viewpoint: What exits from the NZIA mean for insurers

The departures have material consequences for the impact of the NZIA, as only a fraction of insurers remain committed to the cause, carbon-intensive firms can easily find cover from non-NZIA members, without facing higher costs

The mass exit of members from the Net-Zero Insurance Alliance climate initiative is a significant loss of face for the insurance industry and a blow to global efforts to reach net zero

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