Our Property & Casualty Business Model

Hannover Re's worldwide presence, infrastructure and organisational approach are optimally geared towards our clients and market requirements. Central management combined with local talent, an effective customer relationship management and detailed risk management are Hannover Re's key to providing our clients with the best reinsurance solutions.

We respond flexibly and quickly to the needs of our clients providing all standard reinsurance products as well as specially tailored solutions that add value.

Hannover Re is writing business on a local basis where it makes business sense. Risk management functions such as capital allocation, resources, retrocession and the use of capital market instruments, are exercised centrally at our Hannover office.

In specialised Hannover Re areas, the knowledge and skills are concentrated in established centres of competence to give our clients the reinsurance solutions to meet their needs.

In the case of new business segments and projects, we favour a team-orientated approach where we first understand our clients, we then identify their needs and then we provide appropriate solutions. Taking into account the above our business model has been based on a three pillar approach - target markets, specialty lines worldwide and global reinsurance.