Strategic principles
We have ambitious profit and growth targets
- Generate an IFRS return on equity of at least 900 basis points above the risk-free interest rate
- Achieve profitability targets and generate a profit clearly in excess of the cost of capital
- Grow the premium volume (by more than the market average)
- Outperform the Global Reinsurance Index (GloRe) over a three-year period
- Consistently pay an attractive dividend
We are a preferred business partner
- Offer an attractive value proposition that makes us the preferred business partner for our clients
- Foster customer relationships to both parties’ mutual benefit irrespective of the size of the account
We aim for successful employees
- Offer attractive workplaces
- Foster the qualifications, experience and commitment of our staff
We strive for an optimal balance between stability and yield of our investments
- Achieve the target return – risk-free interest rate plus cost of capital
We manage risks actively
- Ensure protection of capital through quantitative risk management
- Ensure protection of capital through qualitative risk management
We maintain an adequate level of capitalisation
- Ensure that requirements for equity resources (economic capital model, solvency regulations, etc.) are met
- Optimise the overall cost of capital
We ensure low costs through an efficient organisational set-up
- Ensure a lower expense ratio than our competitors
We use information technology to achieve a competitive advantage
- Information and communication systems assure optimal support for business processes in light of cost / benefit considerations
We are committed to sustainability, integrity and compliance
- Ensure conformity with all legal requirements
- Encourage sustainable actions with respect to all stakeholders
- Support considered and pragmatic principles of corporate governance and recognise their central role in guiding our activities
We strive for Performance Excellence and continuous improvement
- Ensure the rigorous derivation of strategic objectives across all areas of the company
More Information
Topic related links within the report:
- Strategy in practice
- Opportunity and risk report
- Key personnel ratios
- Working practice of the Executive Board and Supervisory Board
- Compliance
- Value-based management
Topic related links outside the report:
