In the aftermath of a very volatile year, with a one-in-75-year shock in the financial markets and the third worst catastrophe year recorded, PartnerRe remains intact, stable and well positioned to meet future opportunities.

That’s not just luck, nor is it due to a few individuals with exceptional prescience in avoiding bad risks. It is because we have spent years building a risk management framework that works for us. Our talented teams work within that framework of policies and processes, intelligently and consistently evaluating risks and opportunities to protect the organization from the downside, while seeking an appropriate return.

We do not claim to have the perfect model. Our risk management framework is a work-in-progress, continuously being refined and updated. We are nonetheless proud of our achievement to date and believe the effectiveness of our approach is validated by our results.

We have described our risk management philosophy, framework and practices in great detail over the past five years. This year, we give a brief overview of how our approach has provided stability in these volatile times, with additional insight from senior operating managers in their own words. Stability is good for clients and brokers, who want continuity of capacity and an unquestioned ability to pay claims. Stability is good for employees, who want to know their jobs are safe. Stability is good for shareholders, who can count on an appropriate return for the risk assumed and, most importantly, can rely on the Company to make it through the worst of times intact. Next >