Re/insurance supports financial stability by acting as a shock absorber against - and promoting growth through - its core businesses. This is particularly important in a challenging and volatile macro-economic environment.
The re/insurance industry has demonstrated resilience in the midst of the financial crisis, which started in 2008-2009. As global regulators address issues that may have prompted the crisis, it is important that they recognize the fundamental difference between insurance and banking and the risk profile of each.
Swiss Re actively participates in the global and local financial reform dialogue. We are an industry leader, sharing our knowledge by participating in organisations such as the European Financial Services Roundtable, the Institute of International Finance and the Geneva Association. We also partner with our clients, providing risk and capital management solutions tailored to their needs.
Ensuring financial stability is a core part of our business. Find out more in the stories below.
The spotlight was on Europe and the US at Harvard Law School's recent symposium on the financial system of the 21st Century. Hosted by Swiss Re, the event attracted over 120 senior industry professionals.
In mid-2013, the Financial Stability Board (FSB) and the International Association of Insurance Supervisors (IAIS) are expected to announce a list of so-called global systemically important insurers (G-SIIs).