The NZIA at COP26: How can insurers do more zero now, so there’s less net later?

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UNEP’s Principles for Sustainable Insurance Initiative

About this talk

The Net-Zero Insurance Alliance (NZIA) was launched at the G20 Climate Summit in Venice last July by its founding members—AXA (NZIA Chair), Allianz, Aviva, Generali, Munich Re, SCOR, Swiss Re and Zurich Insurance Group—under the auspices of UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI), the largest collaboration between the UN and the global insurance industry. In the run up to COP26, the NZIA has expanded its membership, announcing five new members—American Hellenic Hull (Cyprus), Hannover Re (Germany), ICEA LION Group (Kenya), NN Group (The Netherlands), and Shinhan Life Insurance (Republic of Korea). On Finance Day of COP26, this global event will unpack approaches to net-zero insurance that insurers can take to immediately decarbonise their insurance and reinsurance underwriting portfolios, while the NZIA and its partners develop a global standard to measure and disclose insured emissions and a target-setting protocol for the alliance. Confirmed speakers Renaud Guidée, Group Chief Risk Officer, AXA & Chair, Net-Zero Insurance Alliance Roland Umbricht, Head of Global P&C, Allianz Owen Morris, Managing Director - Personal Lines, Aviva Stefan Golling, Member of the Board of Management, Munich Re Oliver Perraut, Chief Underwriting Officer, SCOR Specialty Insurance Thierry Léger, Group Chief Underwriting Officer, Swiss Re Hayley Robinson, Group Chief Underwriting Officer, Zurich Insurance Group Moderators/Hosts: Butch Bacani, Programme Leader, UN Environment Programme’s Principles for Sustainable Insurance Initiative Diana Diaz, Programme Supervisor, UN Environment Programme’s Principles for Sustainable Insurance Initiative The event will also feature CEOs from new members of the NZIA and their motivations and ambitions on net-zero insurance. Find out more about Aviva's activities at
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United Nations Environment Programme Finance Initiative (UNEP FI) is a partnership between United Nations Environment and the global financial sector created in the wake of the 1992 Earth Summit with a mission to promote sustainable finance. More than 240 financial institutions, including banks, insurers, and investors, work with UN Environment to understand today’s environmental, social and governance challenges, why they matter to finance, and how to actively participate in addressing them. UNEP FI’s work also includes a strong focus on policy – by facilitating country-level dialogues between finance practitioners, supervisors, regulators and policy-makers, and, at the international level, by promoting financial sector involvement in processes such as the global climate negotiations.