It is our ambition to maintain our attractive business portfolio and to grow dynamically and sustainably in the worldwide non-life treaty reinsurance market. We are convinced that by continuing with our profitable growth strategy, we will be able to create the most value for our customers, employees and shareholders.
We dynamically expand our market position. A well diversified portfolio is the cornerstone of our long term success. Geographic diversification with a wide range of lines of business and independent risks supports this ambition.
We sustainably enhance our profitability. Despite the challenging economic conditions, we succeeded in generating pleasing results. Our gross for net underwriting driven risk appetite and efficient retrocession agreements to protect us from catastrophic events will support sustainable and profitable results.
We improve customer benefits in line with customer needs. Given the difficult and changing market environment, many customers are unsettled. Therefore, customer loyalty is especially important in these times. We engage across multiple lines of business and aim to become a mid sized sustainable and reliable reinsurer in any business relationship.