Swiss Re Instite - AXA Research Fund: A Risk Resilience Partnership on Systemic Risk

A new era for societal risk and the re/insurance industry

The interconnectedness of our world has resulted in an increasingly complex risk landscape with widespread, cascading effects, that can negatively impact our planet, people and economies. The spread of these impacts can lead to potentially existential consequences and creates new challenges for the re/insurance industry, whose mission is to protect our world, people and business against adverse developments.

Science is crucial in helping identify, understand, and anticipate these key challenging risks, as well as their impacts and possible ways to mitigate them. Science can integrate different systems' perspectives and foster systems thinking across disciplines and geographies. Its input is instrumental in supporting decision-making and maintaining stability, resilience, and societal progress.

The re/insurance industry stands at the forefront when it comes to protecting our world by anticipating and managing risks. Both AXA and Swiss Re stand out through their strong affiliation to science and their support for risk research. Building on a longstanding track record of financing scientific and applied research, the AXA Research Fund and Swiss Re Institute have committed to establishing a new Partnership to jointly identify, incentivise and fund independent research and innovation projects that demonstrate the highest potential for transforming our industry and helping society become more resilient.

Supporting research projects on systemic risk resilience

The new Partnership will support top-tier risk research on systemic risks that pose serious threats to societal resilience. It aims to improve risk management and inform private and public decision-making.

More specifically, the Partnership will:

• Incentivise and finance research towards closing knowledge gaps within the re/insurance industry,

• Translate research outcomes into solutions for public and private decision-making.

About the Swiss Re Institute

Swiss Re Institute harnesses Swiss Re's risk knowledge to produce data driven research across the company and with partner organisations. We foster knowledge sharing and support decision making with our industry focused publications, client programmes and conferences.