MS Amlin joins Natural Disaster Fund as capacity provider
MS Amlin joins Hannover Re as a commercial risk capacity partner for the NDF, set up by the UK Government’s FCDO and the German Government’s BMZ (via the German development bank, KfW)
MS Amlin will be making a commitment of up to $50m to share risks with the NDF
This capacity injection strengthens the NDF’s ability to provide risk transfer protection to support vulnerable communities across the Global South in building resilience to the risk of weather events and natural disasters
LONDON, 25 June, 2026 - MS Amlin, the Lloyd’s global specialist (re)insurer, today announced that it will join the Natural Disaster Fund (NDF) as a commercial capacity partner. This partnership, alongside long-standing partner Hannover Re, a leading global reinsurer, will strengthen the NDF’s ability to provide climate and disaster protection as well as private risk capacity to vulnerable communities across the Global South.
The NDF is a blended risk transfer vehicle designed to mitigate climate-related challenges and build resilience for low-and-middle-income countries and currently has a portfolio of more than $100m of risks.
By making available $50m to share risk, MS Amlin is supporting the growth of the NDF and therefore its core mission: to protect societies from the consequences of natural disasters. As climate change continues to increase the frequency and severity of natural catastrophes, innovative public-private partnerships such as the NDF are playing an increasingly key role in efforts to close protection gaps.
“Our participation with the NDF reflects our commitment to deploying capacity where it can support adaptation, resilience and long-term insurability,” said Amir Sethu, MS Amlin’s Head of Sustainability. “We are excited to be joining such an innovative structure, to support its mission and the vital work it undertakes worldwide. Through close collaboration with the NDF and its partners, we will help to mitigate losses caused by natural disasters and build a more resilient future for vulnerable communities around the world.”
“MS Amlin joining the NDF as a risk-sharing partner is an important new chapter in the NDF’s journey,” added Mark Rueegg, Chief Executive Officer at CelsiusPro Group. “It is part of the NDF’s mission to grow and to onboard global risk institutions. Therefore, building on the work with our highly-valued long-standing partner Hannover Re, we are bringing together cornerstone organisations in the risk transfer sector to grow the NDF and its portfolio, and therefore to increase the delivery of meaningful and sustainable impact where it is most needed.”
The full NDF Impact Report 2025 has been published today and can be read here: https://www.naturaldisasterfund.com/ndf-impact-report-2025
About MS Amlin
MS Amlin is a leading global (re)insurer, part of the global top-10 insurance group MS&AD, with operations in the Lloyd’s of London, Middle East and Asia markets. With a 100-year record, we deliver a quality service for businesses facing the most complex and demanding risks. Our role places us at the forefront of the Property & Casualty, Marine and Reinsurance markets.
We are experts in underwriting, with both technical capability and deep knowledge of the areas we insure. Our claims service aims to set the industry reference point for quality, with efficient, fair and timely claims management.
About CelsiusPro Group
CelsiusPro Group is a technology-driven underwriter that provides climate and natural catastrophe insurance using satellite data to automatically pay out when natural catastrophes and extreme weather hit. Our platform solutions integrate climate data and risk modelling which enable insurance companies and brokers to distribute and manage tailored parametric insurance.
In 2023, CelsiusPro Group acquired Global Parametrics, a parametric risk transfer provider that supports natural disaster resilience for climate-vulnerable communities. Global Parametrics mobilises risk capacity to underwrite parametric coverage through dedicated structures, which are backed by AA-ratings reinsurers.
Through our consulting services, CelsiusPro Group provides end-to-end insights via climate risk assessments and disaster risk financing strategies, as well as structuring and risk modelling for insurance initiatives.
CelsiusPro Group advances parametric risk transfer from the fringes to the forefront in climate and natural catastrophe protection.
Learn more: https://www.celsiuspro.com/
About the Natural Disaster Fund
The NDF is managed by Global Parametrics, a CelsiusPro Group subsidiary, and is capitalised by commitments from the UK government’s Foreign, Commonwealth and Development Office (FCDO), and Germany’s development bank KfW on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). Their public investment is blended with matching risk capacity from Hannover Re and MS Amlin.
CelsiusPro Group’s work focuses strongly on supporting vulnerable communities in the Global South, where climate-related disasters are increasing in frequency and severity. This involves industry partnerships with leading global (re)insurers such as Hannover Re, MS Amlin and Canopius, as well as public-private partnerships through the Natural Disaster Fund (NDF).
Learn more: Natural Disaster Fund | Discover Climate Resilience Solutions
Media contacts
Tavistock (CelsiusPro Group)
Kuba Stawiski / Grace Cooper
+44 (0)20 7920 3150
MS Amlin
Chris Johnson
+44 (0)7843 330 524