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Home»Finance»Lloyd’s of London pulls out of U.N.-backed climate alliance
Finance

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

May 27, 2023No Comments1 Min Read
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NEW YORK, Could 26 (Reuters) – Lloyd’s of London mentioned in an announcement of Friday it had withdrawn from the United Nations-backed Web-Zero Insurance coverage Alliance, the most recent in a string of corporations to have completed so this week amid issues in regards to the political and regulatory dangers of membership.

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

Reporting by Tommy Wilkes in London
Enhancing by Greg Roumeliotis

: .

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