Posted on 09 Dec 2009
Swiss Re's Investors' Day conference today, December 9, will provide insight into some of the key drivers and processes behind its core business, focusing on cycle management, portfolio steering and risk management.
At its Investors’ Day in Zurich, Swiss Re will demonstrate that the company’s core business performance is founded on active cycle management and portfolio steering, and supported by stringent risk management processes.
“Capturing value from market inefficiencies creates significant oppor-tunities to outperform. Swiss Re achieves this by actively managing the reinsurance cycle and steering its portfolio,” said Brian Gray, Swiss Re’s Chief Underwriting Officer. He added: “Risk transformation plays a central role within portfolio steering, addressing needs such as peak risk manage-ment, earnings volatility reduction and the efficient use of capital. Our transformation capabilities give us a further competitive advantage.”
Swiss Re performs countless risk assessments every year, both in relation to third parties and within the business itself. Swiss Re’s internal risk model is continuously evolving to address new challenges. Raj Singh, Swiss Re’s Chief Risk Officer, will talk about the value of independent risk management.
“At Swiss Re, risk management is a global independent function, fully embedded in all areas of the business,” said Raj Singh. “Not only do we play a critical role in assuring the appropriate balance of risk and reward
in all risk-taking activities, we also proactively drive the development of reinsurance risk management and regulation frameworks for the broader insurance industry.”
Cycle management, portfolio steering, risk transformation and risk management are the cornerstones of any successful reinsurance business. Swiss Re believes these strengths, supported by its people, its expertise and innovation capabilities will assure the company’s future success.