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.
| 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.
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% |
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.
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% |
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% |