Daily Digest: Lloyd’s and Tokio join NZIA exits, terms of defence cover vary, Verisk buys Morning Data

Catch up on the essential news and analysis from the Insurance Day experts

Lloyd’s and Tokio Marine join exit from Net-Zero Insurance Alliance Lloyd’s and Tokio Marine Holdings have announced their departures from the Net-Zero Insurance Alliance. Lloyd’s said it had decided to withdraw from the NZIA with immediate effect but it continues to support the UN’s Principles for Sustainable Insurance and Sustainable Development Goals. Japanese giant Tokio Marine said its exit from the alliance did not change its commitment to contributing to the transition to a “decarbonised society”, based on the Paris Agreement.