LONDON, July 5 (Reuters Breakingviews) - Global insurers are looking to re-write the rules to salvage their net-zero club. The once 30-strong U.N.-backed Net-Zero Insurance Alliance (NZIA) unveiled ambitious decarbonisation targets in January, but now has only 12 companies left, including Italy’s Generali (GASI.MI) and Britain’s Aviva (AV.L). As a result, the club may effectively allow insurers to postpone that deadline. But the move may simply raise more questions around NZIA’s raison d’être: insurers may be better off simply publishing their own path to decarbonisation. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

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Persons: Italy’s, Pamela Barbaglia, Neil Unmack, Oliver Taslic Organizations: Reuters, Global, Zero Insurance, Britain’s Aviva, Allianz, AXA, Tokio, Republican, Glasgow Financial Alliance, Twitter, KKR, Thomson Locations: May, Ukraine, China