Corporate social responsibility
Profit and value creation are indispensable prerequisites for sustainable development in the interests of our clients, shareholders, staff and business partners as well as for the fulfilment of our social responsibility. This includes the responsible underwriting of risks and diligent risk management, since these are vital conditions for assuring the quality of our business over the long term. Hannover Re consequently strives to be one of the three most profitable reinsurers in the world and consistently enhances its position. In so doing, our premise of achieving growth through self-generated profits and wherever possible avoiding imbalances that could necessitate capital measures continues to apply unchanged. Our operations are thus guided primarily by profitability considerations and we concentrate on attractive segments of reinsurance business.
External standards shape our corporate guidelines and hence also our daily actions. Hannover Re thus minimises business, liability and reputational risks that could have a detrimental effect on its commercial activities. By defining clear parameters we support the efficient and effective accomplishment of our corporate objectives. Company-wide guidelines, such as the Code of Conduct, help our staff to successfully master the often complex ethical and legal challenges encountered as part of their day-to-day work.
Successful, responsible and above all sustainable business management forms the basis for playing a positive role in society. It also establishes the foundation that enables our company to continuously foster and advance its staff and support projects that are in the public interest.