With the current strategy delivering consistently strong results over the last three years, Swiss Re remains fully committed to its 2011 to 2015 financial targets. At its annual Investors’ Day in London on 3 July 2014, Swiss Re provided a detailed update on the strategic initiatives which are the building blocks to its success.
By focusing on underwriting excellence, combined with R&D and capital strength, Swiss Re seeks to continue to outperform in core areas while expanding where opportunities exists, for example in High Growth Markets.
Group Chief Executive Officer Michel M. Liès said: “Despite the competitive environment, our group strategy remains unchanged. It produced very strong results over the last three years, and we expect that it will continue to be successful for us in the future. At the core of our ambitions is reaching our financial targets for the 2011 to 2015 period. We are well on track. With clients expected to continue to rely on reinsurers for services and long-term support, we also believe that alternative capital cannot replace the traditional reinsurance model. It is our aim to maintain our leading track record in underwriting by keeping a strict focus on risk selection and portfolio management in property and casualty, while growing in life and health and in our Admin Re® business.”
For the full release, a webcast, and presentations from the day, visit the Swiss Re website.