Natural catastrophe business
We are Hannover Re’s global centre of competence for natural catastrophe business - offering tailored risk transfer solutions, deep expertise, and reliable capacity to strengthen insurance markets worldwide.
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Through our reinsurance support, we help restore lives and rebuild communities after catastrophic events.
Reinsurance that withstands the storm
Our business focuses on catastrophe-exposed reinsurance risks, including natural disasters, workers' compensation, personal accident and terrorism. With an emphasis on reliability and global reach, we enable insurers to manage extreme volatility and protect their balance sheets.
Dedicated capacity through Hannover Re Bermuda
The vast majority of our natural catastrophe business is underwritten through Hannover Re Bermuda (HRB) - our dedicated centre for catastrophe XL. We provide both proportional and non-proportional reinsurance solutions, specialising in excess of loss structures.
Data-driven risk insights and global reach
We are one of the leading global reinsurers in the natural catastrophe segment. Our dedicated team of scientists, modellers and underwriters constantly refines our view of risk around the world. We take a data-driven approach - high-quality exposure data is critical in determining our capacity and pricing.
We provide significant capacity to our clients, backed by the full strength of Hannover Re’s balance sheet. In addition, we contribute to the design of new catastrophe schemes and actively share insights into global catastrophe markets. Our expertise extends to structural strategies and tailored support for specific perils and regions.
Experts in catastrophe XL
Hannover Re Bermuda serves as the Group’s specialist for global catastrophe XL business, writing risk across all continents. With very strong capitalisation, consistent profitability and a core role within the Group, HRB holds excellent financial strength ratings (A+ by A.M. Best, AA– by Standard & Poor’s).
We collaborate closely with Hannover Re’s global network and are widely respected among cedants, brokers, and peers. This enables us to offer both deep technical insight and efficient delivery, making HRB one of the world’s largest and most profitable catastrophe writers.
New colleagues should bring a strong interest in the global landscape of natural catastrophe risks, along with analytical skills, openness, curiosity, and a collaborative mindset. A strong client focus and enthusiasm for working across cultures and geographies are equally important.
Resilience backed by expertise
We are a truly global division, providing catastrophe protection to many of the world’s leading insurance companies. Regular engagement with partners from all continents makes our work both diverse and rewarding.
Our distribution is predominantly broker-driven, although we also maintain direct relationships with clients. Risk and accumulation control, alongside our disciplined pricing approach, are central to our success. To that end, we invest continuously in our specialist team - combining leading modelling capabilities with expert underwriting to build a diversified and future-ready portfolio.
"We believe in long-term relationships. Our commitment to clients remains strong even after major catastrophes - offering continued support and increased capacity where appropriate, always at technically sound conditions."