Strategic Risk Initiatives

Swiss Re actively contributes to several strategic initiatives related to emerging risks. Our goal is to raise awareness for selected emerging risks. This includes the further development of emerging risk identification channels, their prioritisation, assessment and management, as well as an active risk dialogue with internal and external stakeholders.

Chief Risk Officer Emerging Risk Initiative (CRO ERI)

The CRO ERI was launched in 2005 as part of the CRO Forum to raise awareness of major emerging risks relevant to the insurance industry and society as a whole. The insurance industry plays a vital role in today’s economic system by absorbing financial and insurance risk. To exercise this function in the future, the industry needs to reduce uncertainty by identifying and communicating emerging risks to a broader community. Swiss Re chaired the initiative twice and continues to be an active member.

International Risk Governance Council (IRGC)

The IRGC is an independent organisation whose purpose is to foster the understanding and management of global risks that suffer from weak governance. By developing concepts of risk governance, anticipating major risks and providing policy recommendations, the IRGC offers an important platform for global debate, and provides a rich access to the scientific community and knowledge networks around emerging risks. Swiss Re has been an active member of the IRGC since its founding in 2003.

Identifying emerging risks

Reinsurers today are operating in a risk landscape that is shifting ever more rapidly. Charting emerging risks and opportunities in a pre-emptive way is an important element of Swiss Re’s integrated...

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From emerging risk to core business:...

We first drew attention to "cyber attacks" as an emerging risk by including a case study in our 2011 Corporate Responsibility Report. At the time we focused on risks potentially created for Supervisory...

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