In order to correctly assess risks, Hannover Re attaches great importance to a constant transfer of knowledge between business and research. In the field of natural hazards modelling the company therefore cooperates with universities and research institutions and provides financial assistance to appropriate initiatives. For example, Hannover Re has been a long-time supporter of the Geo Research Center in Potsdam and the Global Earthquake Model (GEM) Foundation, whose mission is to improve public understanding and awareness of earthquake risks worldwide by promoting science and establishing consistent standards as well as to reduce the impacts of earthquakes on populations and concentrations of values.
Since 2006, with a view to also promoting the growth of academic disciplines relevant to the insurance sector, Hannover Re has helped to fund a visiting professor position at the University of Göttingen with a concentration in Anglo-American contract and tort law. In this way the company is seeking to encourage a more international approach to the study of law. With the establishment of the new "House of Insurance" in January 2018, we are working together with six other Hannover-based insurers to step up our cooperation with Leibniz University of Hannover. In addition to two new endowed professorships in insurance mathematics and insurance law, there are also plans to hold events for scientific and professional further training as well as graduate employment fairs and to arrange internships in the insurance industry. The company further supports the work of thematically relevant Associations of Friends at various universities, including for example the Förderkreis des Instituts für Versicherungswesen at Cologne Technical University and the Verein Braunschweiger Finanz- und Wirtschaftsmathematiker e.V. at the University of Braunschweig. The company is also a member of similar societies at the University of Hannover and the University of Ulm. Above and beyond the aforementioned involvement, Hannover Re regularly offers study trips and systematically places various projects and topical issues with university departments.