We benefit from our well-diversified portfolio: Diversification reduces capital requirements and lowers earnings volatility.

Hannover Re pursues a consistent strategy of portfolio diversification,  both geographically and in terms of products. We transact reinsurance in our business groups Property & Casualty and Life & Health reinsurance. Through our global presence and our activities in all lines of reinsurance we achieve optimal risk diversification.

Gross written premium by regions - Group 31.12.2019

Region% of gross written premium
Hannover Re Group
North America 34.5%
United Kingdom 13.4%
Other European countries 16.0%
Asia 16.8%
Germany 6.6%
Australia 5.5%
Latin America 4.7%
Africa 2.5%

Property & Casualty reinsurance

Hannover Re offers its customers a comprehensive range of products in treaty and facultative reinsurance as well as in the area of structured reinsurance solutions and direct business. We make our consulting expertise and services available to promote lasting profitable business relationships and may occasionally acquire equity participations or otherwise invest in selected business partners.

Gross written premium by lines of business
Property & Casualty reinsurance
31.12.2019

Business lines% of gross written premium property and casualty reinsurance
North America 17.3%
Latin America and Iberian Peninsula 5.2%
Germany 8.1%
UK, Ireland and London market 4.9%
Continental Europe and Africa 6.2%
Asia, Australia and Middle East 11.3%
Structured R/I and ILS 24.4%
Facultative R/I and direct business 9.6%
Credit, surety and political risks 5.3%
Aviation and Marine 3.7%
Cat XL 4.0%

Gross written premium by regions
Property & Casualty reinsurance
31.12.2019

Region% of gross premium
North America 38.3%
Other European countries 18.6%
Asia 14.5%
United Kingdom 10.3%
Germany 8.7%
Latin America 4.1%
Australia 3.3%
Africa 2.2%

Life & Health reinsurance

Hannover Re offers its customers worldwide reinsurance protection in all lines of life and health insurance. Customer relationships are structured as long-term partnerships, with the aim of developing individually tailored solutions. We support our clients with the financing of new business and financial optimisation and we offer product partnerships for strategic market positioning.

Gross written premium by reporting category
Life & Health reinsurance
31.12.2019

Reporting category% of gross written premium
life and health reinsurance
Financial Solutions 12.6%
Longevity 16.3%
Mortality 41.7%
Morbidity 29.4%

Gross written premium by regions
Life & Health reinsurance
31.12.2019

Region% of gross premium
North America 27.2%
United Kingdom 19.1%
Asia 21.1%
Australia/New Zealand 9.8%
Other European countries 11.3%
Latin America 5.8%
Germany 2.6%
Africa 3.1%