MS Amlin commits up to $50 million to Natural Disaster Fund

MS Amlin  has joined the Natural Disaster Fund (NDF) as a core commercial risk capacity partner, committing up to $50 million to share risks and support climate and disaster resilience initiatives across low- and middle-income countries.

The insurer joins Hannover Re as a commercial capacity provider for the NDF, a blended risk transfer vehicle established by the UK Government’s Foreign, Commonwealth & Development Office (FCDO) and the German Government’s Federal Ministry for Economic Cooperation and Development (BMZ), through development bank KfW.

The NDF currently manages a portfolio of more than $100 million in risks, providing protection against weather-related disasters while helping vulnerable communities in the Global South strengthen resilience to climate change.

Amir Sethu, Head of Sustainability at MS Amlin, said the partnership reflects the company’s commitment to supporting adaptation, resilience, and long-term insurability through innovative risk-sharing structures.

Mark Rueegg, CEO of CelsiusPro Group, which manages the NDF, said adding MS Amlin alongside Hannover Re marks an important step in expanding the fund’s capacity and increasing its ability to deliver disaster protection where it is most needed.