Sustainability ; Climate Change ; What can the (re)insurance industry do? ; CC is also a societal choice...

Like its peers SCOR is not a heavy contributor to climate change as its activity doesn't pollute that much, Still it is difficult to disseminate an environmental culture within a company if no concrete actions are taken. That is partly why SCOR's main locations have already launched various...

Implementing adaption measures are required to reduce society's vulnerability to climate risk and maintain the risk at manageable levels. These measures will help ensure the long-term availability and affordability of insurance...

First, we must insist that the "Best Science" is informing our understanding of the future risks, and how these risks are apportioned across different geographies and amongst different stakeholders. We need for this science to be both objective and robust as there are significant uncertainties...

Swiss Re defines Operational Risk in line with Basel II banking regulations as the "Expected and unexpected economic impact of inadequate or failed internal processes, people, and systems or from external events...

Objective: promote and expand trade in reinsurance services, not only for the sake of trade but also for stability reasons. Recognition may be a powerful means of facilitating access to foreign markets...

Rückversicherung kann als Überwälzung von versicherungstechnischem Risiko vom Erstaufden Rückversicherer definiert werden, kurz gesagt: ”Rückversicherung ist Versicherungvon Versicherungen“. Einen entscheidenden Aspekt bei der Ausgestaltung von Rückversicherungsverträgenstellt die...

We investigate the suitability of securitization as an alternative to reinsurance forthe purpose of transferring natural catastrophe risk. We characterize the conditionsunder which one or the other form of risk transfer dominates using a setting in whichreinsurers and traders in financial...

Natural catastrophes attract regularly the attention of media and have become a source of public concern. From a financial viewpoint, natural catastrophes represent idiosyncratic risks,diversifiable at the world level. But for reasons analyzed in this pap er reinsurance markets are unable to...

The study of natural catastrophe models plays an important role in the prevention and mitigation of disasters. After the occurrence of a natural disaster, the reconstruction can be financed with catastrophe bonds (CAT bonds) or reinsurance. This paper examines the calibration of a real...