At a glance

Members of the Executive Board

Dr. Michael Pickel
Target Markets

Sven Althoff
Specialty Lines

Home Office

Hannover, Germany

Locations: 19

These locations are part of Hannover Re's Property & Casualty network: Australia, Bahrain, Bermuda, Brazil, Canada, China, Colombia, France, Germany, India, Italy, Ireland, Japan, Malaysia, South Africa, Spain, Sweden, United Kingdom and the United States

Subsidiaries: 4

Within the Hannover Re Group these companies are Property & Casualty subsidiaries:  Hannover ReTakaful, Bahrain, Hannover Re (Bermuda), Bermuda, Hannover Re (Ireland), Ireland, Hannover Re Africa, South Africa

Number of employees

More than 700 Property & Casualty experts worldwide

Lines of business

Target markets:

  • North America
  • Continental Europe

Specialty lines worldwide:

  • Marine
  • Aviation
  • Credit, surety and political risks
  • UK, Ireland, London market and direct
  • Facultative reinsurance

Global reinsurance:

  • Worldwide treaty reinsurance
  • Cat XL
  • Structured reinsurance and ILS

Gross written premium

EUR 10.7 billion (2017)

Rating of the Hannover Re Group

Standard & Poor’s AA− (Very Strong), stable outlook
A.M. Best A+ (Superior), stable outlook

Contribution of our Property & Casualty business group

We consider ourselves to be a reliable, flexible and innovative market player that is amongst the best in any given market. Cost leadership, effective cycle management and excellent risk management are the key components of our competitive positioning.