At Nat Re, providing reinsurance capacity isn’t our only business. We believe that we do ultimately entails giving greater protection to the insuring public and helping them recover financially after natural disasters and other crises.
This is why we value forging meaningful relationships with private and public sectors partners in the sphere of disaster risk financing and insurance. By leveraging our combined resources and knowhow, we can create effective and affordable solutions for a more disaster-resilient public.
United Nations Environment Programme Finance Initiative Principles of Sustainable Insurance (UNEP FI PSIs)
We advocate for better management of risks and opportunities arising from new global trends in order to provide quality risk protection to our clients. Along with other global insurance companies and international organizations, we have signed our commitment to the UNEP FI PSIs. We are also a signatory to the world’s first global investor statement in support of World No Tobacco Day and first insurance industry statement on sustainable marine insurance.
Nat Re’s CEO is the Co-Chair of the Board of the Principles for Sustainable Insurance.
Read our disclosure statements to find out how we embed the PSIs into our core business and encourage our partners to do the same.
InsuResilience Global Partnership
We welcome opportunities to engage in rich discussions with various groups so we may share and gain knowledge, ideas, and expertise on building financial protection against disasters. This is why we are a member of the InsuResilience Global Partnership, a collaboration of more than forty partners from governments, civil society, international organizations, academia, and the insurance industry who, like us, strongly advocate for disaster-resilient communities.
Catastrophe and Risk Management in ASEAN (CARMA)
We value the crucial role of data, information, and best practices sharing in collaborative relationships, which is why we are a charter member of CARMA, an initiative of the ASEAN Natural Disasters Research Works Sharing (ANDREWS) Committee. CARMA is designed to offer fast and convenient access to natural disaster topics and related documents, including articles to spread knowledge and enhance awareness in mitigating risks.
We want to have more effective collaborations with (re)insurers from neighboring developing countries which is why we joined the East Asian Insurance Congress (EAIC), the longstanding global non-life insurance industry association. The EAIC is a prominent avenue, particularly through its flagship biennial conferences, for encouraging dialogue among the insurance industries of its twelve member cities.
Nat Re’s CEO sits on the EAIC Executive Board as Vice President and Chief Delegate for Manila, and is a member of the Organizing Committee for the EAIC 2018 Conference in Manila.
We champion for the development of the Philippine insurance industry which is why we are an active member of the Philippine Insurers and Reinsurers’ Association (PIRA). PIRA provides insurers an avenue for enriching dialogue with each other, with regulators, and with other groups, and helps insurers harness opportunities that will better serve their customers.
Nat Re’s CEO is the Deputy Chairman of the Board of Trustees of PIRA.
We support the advocacies of Gawad Kalinga, a foundation dedicated to building sustainable communities as a way of helping end poverty in the Philippines. With our monetary donations Gawad Kalinga is able to pursue activities in community development including disaster preparedness programs and response to calamities.
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