The 2nd Annual Brazilian Reinsurance Conference

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Event news: Swiss Re

Reactions:  How does Brazil fit into Swiss Re's emerging market strategy?

After almost 100 years serving the continent, we remain committed to Latin America. Given our financial strength, capital and liquidity, we are in a strong position to support our clients with their reinsurance needs and technical support of their local businesses. The promising outlook for economic growth and the gradual opening of the reinsurance market makes Brazil a key target for Swiss Re in the coming years. We are convinced that Swiss Re's global know-how, innovative solutions and first class security will provide true value to the Brazilian market and contribute to its economic growth for years to come.

Reactions:  Can you give us a sneak preview of one or two of the key messages from your Keynote address: “The art of reinsurance at board level: The influence of reinsurance products on balance sheet management and structure”?

The importance of protecting insurers’ capital position became emphasized in the recent volatile times. In addition to optimizing the cost of capital, capital management challenges include the need for flexibility, reducing economic risk capital, and fulfilling the more stringent regulatory and rating agency requirements. Volatility, economic and regulatory uncertainties affect many risk management options for insurers. Reinsurance has emerged from the crisis with a strong business model and a core value proposition for managing insurers’ risk capital that underpins their business.

Reactions:  What do you anticipate will be the key topics raised at the conference?

I expect that a considerable part of the conference will be dedicated to the current state of the reinsurance market, two years after the partial opening and what can be done going forward to bring even greater responsiveness to the local industry. I am particularly happy that a specific section of the program is reserved to the Life & Health sector that is of special interest to Swiss Re as we anticipate the needs of an aging population will be a key global topic for the near future.

Reactions:  Who do you hope to see at the conference?

I very much look forward to meeting with many of our key clients with whom we already share a mutually successful business relationship. I also expect this conference to bring an opportunity to meet with new future partners, gain further insight into local market needs and identify how Swiss Re can bring more value to Brazil.