Reinsurer highlights progress in innovation, risk management, sustainability, and the consolidation of a responsible growth strategy
On Wednesday (April 30), IRB(Re) published its second Annual Sustainability Report, referring to the year 2024. The document, aligned with the guidelines of the Global Reporting Initiative (GRI), addresses environmental, social, and governance (ESG) aspects. The full document is available here on the company’s website.
“In 2024, we completed IRB(Re)’s turnaround, carried out with resilience, responsibility, and integrity. Now, we are entering a new chapter, focused on efficiency, control, and innovation in order to strengthen the sustainability of the business. The improvement in our results is linked to the effectiveness of the company’s strategy, which is focused on profitability and closeness to clients. We remain steadfast in our purpose of protecting society’s future,” says Marcos Falcão, CEO of IRB(Re).
In addition to the economic and financial results, the report highlights progress on several strategic fronts, reinforcing the company’s strength, responsibility, and forward-looking vision. Eduarda de La Rocque, Director of Internal Controls, Risk, and Compliance at IRB(Re), highlights significant progress in solvency, liquidity, and risk management, with recognition from international rating agencies.
“We have strengthened our governance with practices aligned with SUSEP and the European Union, and we have intensified the monitoring of climate change, cyber, and reputational risks. We have also consolidated the integration of sustainability into risk management, anticipating the analysis of the financial materiality of ESG risks for the adoption of IFRS S1 and S2 reports. “We have also made progress in diversity, inclusion, and social responsibility, reaffirming our commitment to ethical and innovative practices to strengthen the insurance market,” she says.
