Risk management is a subject with many different meanings and objectives. In the past, insurers, industrial corporations and banks have tried to clarify some of the issues involved by creating the new position of Chief Risk Officer, or CRO.

The Geneva Association, jointly with its members, is organising a series of regular events to promote the understanding about modern Risk Management in insurance and the role of the CRO. This is done through a series of workshops and studies and the initiatives in this area are chaired by Dr Bruno Porro, until January 2005 CRO and Executive Board Member of Swiss Re and since February 2005 Chairman of the CRO Networks of The Geneva Association.

The groups pertaining to the networks now meet several times per year. The gatherings provide not only opportunities to share common experiences and to get to know colleagues with similar responsibilities in other prominent insurance companies, they also allow for a constructive confrontation with strategic issues that are facing the insurance industry and a direct contact with a global network of leading experts.