This statement sets out the steps Pacific Life Re has taken during the financial year ending 31 December 2022 to ensure that modern slavery, servitude, forced or compulsory labour and human trafficking (‘modern slavery’) is not taking place in its business or supply chain.
Overview of Pacific Life Re’s business and supply chain
The Pacific Life Re Division (Pacific Life Re) relies on professionally managed offices and related supplies and services, and professional and financial services such as those provided by insurance companies, banks, consultancies and IT providers. Our supply chains are relatively simple.
This statement is being made by Pacific Life Re Limited and Pacific Life Re Holdings Limited, which provide services to the entire Pacific Life Re Division which conducts business on a global basis across the UK, Europe, Asia and North America.
Risk assessment
Due to the nature of our business, we consider that the risk of modern slavery in our business and supply chain is low.
The objectives of the Modern Slavery Act 2015 are aligned with our values. We periodically assess our business and supply chain in order to identify those areas in which we consider the risk of modern slavery to be highest. At present, we consider that the risk of modern slavery occurring is somewhat higher in the supply chain related to our office-related services and supplies as opposed to the professional and financial services used by Pacific Life Re. As a result, our anti-modern slavery policies and procedures are focused on this part of our supply chain.
Pacific Life Re policies in relation to modern slavery
Pacific Life Re does not tolerate or condone the practice of modern slavery in any form and is committed to ensuring that there is no modern slavery in its business or supply chain. We maintain policies and procedures, with which all Pacific Life Re employees must comply, in order to ensure that no such practices occur. Activities include the following measures:
The Board of Directors of Pacific Life Re Limited and Pacific Life Re Holdings Limited approved this statement on 3 April 2023.
Duncan Hayward, Director
On behalf of the Boards of Pacific Life Re Limited and Pacific Life Re Holdings Limited 3 April 2023
DocuSign Envelope ID: D25039BD-7D2C-4D05-A313-BEF465730073
This statement sets out the steps Pacific Life Re has taken during the financial year ending 31 December 2022 to ensure that modern slavery, servitude, forced or compulsory labour and human trafficking (‘modern slavery’) is not taking place in its business or supply chain.
Overview of Pacific Life Re’s business and supply chain
The Pacific Life Re Division (Pacific Life Re) relies on professionally managed offices and related supplies and services, and professional and financial services such as those provided by insurance companies, banks, consultancies and IT providers. Our supply chains are relatively simple.
This statement is being made by Pacific Life Re International Limited, which conducts business on a global basis across the UK, Europe, Asia and North America.
Risk assessment
Due to the nature of our business, we consider that the risk of modern slavery in our business and supply chain is low.
The objectives of the Modern Slavery Act 2015 are aligned with our values. We periodically assess our business and supply chain in order to identify those areas in which we consider the risk of modern slavery to be highest. At present, we consider that the risk of modern slavery occurring is somewhat higher in the supply chain related to our office-related services and supplies as opposed to the professional and financial services used by Pacific Life Re. As a result, our anti-modern slavery policies and procedures are focused on this part of our supply chain.
Pacific Life Re policies in relation to modern slavery
Pacific Life Re does not tolerate or condone the practice of modern slavery in any form and is committed to ensuring that there is no modern slavery in its business or supply chain. We maintain policies and procedures, with which all Pacific Life Re employees must comply, in order to ensure that no such practices occur. Activities include the following measures:
The Board of Directors of Pacific Life Re International Limited approved this statement on 18 April 2023.
David Howell, Director
On behalf of the Board of Pacific Life Re International Limited 18 April 2023
This statement sets out the steps Pacific Life Re has taken during the financial year ending 31 December 2022 to ensure that modern slavery, servitude, forced or compulsory labour and human trafficking ('modern slavery') is not taking place in its business or supply chain.
Overview of Pacific Life Re's business and supply chain
The Pacific Life Re Division (Pacific Life Re) relies on professionally managed offices and related supplies and services, and professional and financial services such as those provided by insurance companies, banks, consultancies and IT providers. Our supply chains are relatively simple.
This statement is being made by Pacific Life Re Services Limited which provides services to the entire Pacific Life Re Division which conducts business on a global basis across the UK, Europe, Asia and North America.
Risk assessment
Due to the nature of our business, we consider that the risk of modern slavery in our business and supply chain is low.
The objectives of the Modern Slavery Act 2015 are aligned with our values. We periodically assess our business and supply chain in order to identify those areas in which we consider the risk of modern slavery to be highest. At present, we consider that the risk of modern slavery occurring is somewhat higher in the supply chain related to our office-related services and supplies as opposed to the professional and financial services used by Pacific Life Re. As a result, our anti-modern slavery policies and procedures are focused on this part of our supply chain.
Pacific Life Re policies in relation to modern slavery
Pacific Life Re does not tolerate or condone the practice of modern slavery in any form and is committed to ensuring that there is no modern slavery in its business or supply chain. We maintain policies and procedures, with which all Pacific Life Re employees must comply, in order to ensure that no such practices occur. Activities include the following measures:
The Board of Directors of Pacific Life Re Services Limited approved this statement on 27 OFebruary
Duncan Hayward, CEO, Pacific Life Re Services Limited
On behalf of the Board of Pacific Life Re Services Limited 27 February 2023