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International co-operation
PricewaterhouseCoopers Aktiengesellschaft Wirtschaftsprüfungsgesellschaft
(PwC AG) is a member of the 
Berner
Union, an association founded
in 1934 of all government-backed export credit and investment insurers.
Meanwhile this association has also been opened for private insurers.
The Berne Union has made it its business to develop standards regarding a sound structure of export credit and investment insurance schemes. At the same time, the Berne Union is a platform for a permanent exchange of information and experience among insurers on current events and developments, the investment climate in individual countries, public relations activities, the extension of cover and cover techniques.
Under the Berne
Union Value Statement adopted in October 2004 the
members have committed themselves to perform their tasks in connection
with the promotion of exports and foreign investments in a professional
manner that demonstrates high ethical values and is financially
responsible as well as respectful of the environment. In addition
to this basic commitment, Guiding
Principles were adopted in October
2008; they set out in writing the Berne Union's self-conception
in general guidelines for the activities of its members.
The Berne Union regularly publishes up-to-date statistics, showing
the countries for which the members granted guarantees against political
risks of foreign investments as well as the countries where events
of loss occurred.
Larger projects, especially infrastructure investments in the form of operating models, are increasingly realized on the basis of international co-operations. Foreign investors and lenders make use of their own national guarantee schemes. A co-operation of the various institutions therefore is a reasonable and necessary precondition for realizing projects and acting jointly in critical situations.
