At PartnerRe, our risk management framework encompasses the strategic risks that we share with the rest of our industry, assumed risks — the reinsurance and capital market risks that we are paid to assume — and the operational risks that are part of running any business. We take an integrated approach, because it is impossible to manage any of these risks in isolation. Each risk must be viewed in the context of the whole if their potential impact is to be effectively managed.
Responsibility for managing risk does not rest with one person or even with a particular team in our organization. Risk is at the heart of our business, so we are all risk managers, from the Board of Directors on down.
Illustration of PartnerRe Risk Types
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