More insurance companies have left the once 30-member strong Net Zero Insurance Alliance (NZIA), which has seen its numbers drop to just over a dozen after a rush of exits in the past few months.
UK-based Beazley became the latest departure from the group this week.
Last week, Samsung Fire & Marine Insurance and MATMUT (La Mutuelle Assurance des Travailleurs Mutualistes) both dropped out of the group.
This was just days after a bevy of European majors all departed, including AXA, SCOR, and Allianz.
Currently, the group still has industry giants such as Achmea, Aviva, and Generali as members.
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