Alterra Capital Holdings Limited, often referred to simply as Alterra, is a prominent player in the global insurance and reinsurance industry. Headquartered in Bermuda (BM), the company has established a significant presence in key operational regions, including North America and Europe. Founded in 2010, Alterra has quickly made a name for itself by offering innovative insurance solutions tailored to meet the diverse needs of its clients. Specialising in property, casualty, and specialty insurance, Alterra distinguishes itself through its commitment to exceptional service and risk management expertise. The company has achieved notable milestones, including strategic partnerships and a robust portfolio of products that cater to both individual and corporate clients. With a strong market position, Alterra Capital Holdings Limited continues to be recognised for its reliability and industry leadership.
How does Alterra Capital Holdings Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Alterra Capital Holdings Limited's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Alterra Capital Holdings Limited, headquartered in Bermuda (BM), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Markel Group Inc., which may influence its climate-related initiatives and reporting practices. As of now, Alterra Capital has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). This lack of specific targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data and reduction initiatives, it is essential to consider the broader context of the insurance and reinsurance industry, where companies are increasingly focusing on sustainability and climate resilience. Alterra Capital's future commitments may align with industry trends towards reducing carbon footprints and enhancing climate-related disclosures. In summary, while Alterra Capital Holdings Limited does not currently provide emissions data or specific climate commitments, its affiliation with Markel Group Inc. may play a role in shaping its future climate strategies.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Alterra Capital Holdings Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.