Strategic objectives

1. Profitable growth

Return on equity of at least 750 basis points above the “risk-free” interest rate. Triple-10 target; allocation of capital to generate the maximum risk-weighted profit; increase in the share price > Global Reinsurance Index; lowest cost of capital in the industry

2. Capital protection

Positive return on equity in at least nine out of ten years

3. Preferred business partner

Highly capable – rating of at least “AA–” from S&P and “A+” from A.M. Best

4. Motivated employees

Skills and motivation just as crucial to success as capital resources

5. Lean organisation

Effective and efficient organisation geared to business processes; safeguarding of know-how and cost leadership


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