Creating solutions
for sustainability

By managing risks and covering losses, re/insurance creates stability and enables economic growth. However, some environmental and social challenges may undermine sustainable progress if left unaddressed. Helping our clients and society tackle such risks is a key part of our commitment to sustainability and of our vision to make the world more resilient.

Building on our efforts in recent years, our focus is on the three overarching 2030 Sustainability Ambitions we have defined in our Group Sustainability Strategy.

We develop our solutions as part of our established risk modelling and underwriting activities or by creating innovative new products in close cooperation with our clients and partners. Our solutions frequently include:

• Index-based insurance products: We are a pioneer in creating innovative insurance solutions that use an index to determine payments.
• Climate-related risk analytics, models and tools: Our sustainability solutions for insurance clients improve their current and future performance and provide ground for the development of new products.
• Public-sector partners: Besides serving direct insurers and corporate clients, we also develop risk transfer solutions for, and in cooperation with, governments and various public-sector organisations.
• Insurance-linked securities (ILS) or catastrophe bonds: We are a leading developer of these products, which enable cedents to transfer large risks to the capital markets.

Our solutions support our clients in their journey towards sustainability. They rely on our models and tools for underwriting, which consider sustainability-related aspects, eg the impact of climate change on floods. Equally, our clients benefit from our digital platforms for launching new products, eg parametric earthquake insurance.

We seek to develop solutions that improve access to insurance protection, especially in emerging markets. If governments and communities are financially protected against risks such as windstorms, earthquakes, drought and flooding, they can better cope with the immediate consequences of a disaster.

Equally, our solutions help create the conditions for sustained social and economic development by protecting investments, allowing governments to stabilise budgets and giving people the financial stability required to build and maintain businesses. Finally, our solutions also help individuals and families recover financially after a medical setback or following the loss of income due to the death or disability of a primary breadwinner (see section on life and health solutions for more information).