We have a long-standing commitment to corporate responsibility and strive to implement this across our business. Our performance has received high ratings from independent third-party organisations.
In force for several years, our Sensitive Business Risks process is a tailor-made risk management tool to assess business transactions that may raise concerns from a sustainability or ethical perspective. It is now a core element of our formal framework to manage such risks.
We first introduced our “Sensitive Business Risks” (SBR) process in 2002. This new risk management tool was developed to help our underwriters, client managers and asset managers reach business decisions in line with the principles laid down in our Group Code of Conduct. Specifically, it has given them the opportunity to seek expert internal advice when they have had concerns over the environmental, social or ethical implications of a particular business transaction.
When a business transaction is submitted to the SBR process, a task force of internal sustainability and other experts will examine the case and issue a recommendation within 48 hours. The SBR process has now been fully integrated into our framework to manage environmental, social and ethical risks; as such it is compulsory whenever any of the pre-defined criteria and qualitative standards of the framework’s policies are met. In addition, employees can continue to submit cases involving industries and issues that are not covered by the framework.
On 4 June 2018, Renato Fassbind, Vice Chairman of Swiss Re’s Board of Directors, presented the 2018 Swiss Re Civilian Service Prize to CHEIRA – Swiss Humanitarian Surgery, an association created in 2015...
In our ongoing efforts to improve the quality and relevance of our publications, we would like to know more about you.
The Risk Dialogue Magazine is a newsletter exploring future risk topics, featuring multimedia articles from the Swiss Re Institute's events and insights from our global network of experts.
Our sigma publication series provides comprehensive information on the international insurance markets and analyses of economic trends and strategic issues in re/insurance and financial services.
Our publications share our expertise on issues of concern to our clients, the re/insurance industry and society - from food, health, longevity and financial security to managing climate and natural disaster risk.