Lloyd’s of London pulls out of U.N.-backed local weather alliance


NEW YORK, Could 26 (Reuters) – Lloyd’s of London mentioned in an announcement of Friday it had withdrawn from the United Nations-backed Internet-Zero Insurance coverage Alliance, the most recent in a string of companies to have finished so this week amid issues concerning the political and regulatory dangers of membership.

“We proceed to help the United Nations’ Ideas for Sustainable Insurance coverage and Sustainable Growth Objectives, and stay dedicated to delivering our sustainability technique together with supporting the worldwide economic system’s transition,” Lloyd’s of London mentioned.

Reporting by Tommy Wilkes in London
Enhancing by Greg Roumeliotis

Our Requirements: The Thomson Reuters Belief Ideas.