- CEO
- Torsten Leue
- Full Time Employees
- 29,357
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Address
- HDI-Platz 1 Hanover Germany 30659
- IPO Date
- Feb 8, 2017
- Business
- Talanx AG, headquartered in Hannover, Germany and founded in 1903 as part of the HDI Haftpflichtverband der Deutschen Industrie V.a.G. group, operates as one of Europe's largest multi-brand insurance groups, providing primary insurance, reinsurance and asset management services worldwide across more than 175 countries. The company structures its activities into key segments including Retail Germany via brands such as HDI, neue leben, TARGO Versicherungen, LifeStyle Protection and PB Versicherungen, offering property/casualty, life, pension, legal protection and bancassurance products; Retail International through subsidiaries like Warta, TU Europa, Posta Biztosító, Yelum (formerly Liberty Seguros in Latin America) and CiV Life, delivering personal lines, property/casualty, life/health and affinity insurance; Industrial Lines under HDI Global, specializing in liability, motor, aviation, marine, cyber, credit/surety, agriculture and specialty coverage for corporate and industrial clients; Reinsurance encompassing property/casualty, life/health, facultative, nat cat and structured solutions via Hannover Re, one of the world's largest reinsurers; and asset management through Ampega, managing funds, real estate and investments for institutional and private investors. Talanx targets diverse customer segments from retail individuals and SMEs to large corporates and insurers, with strong footprints in Germany, Poland, Latin America (Brazil, Chile, Colombia, Ecuador), Central/Eastern Europe and global reinsurance markets. Recent developments include the 2023 acquisition of Liberty Mutual's personal and small commercial businesses in Latin America, rebranded as Yelum, positioning Talanx among the region's top insurers and completed in Brazil by late 2023 with further closings in 2024; the mutual agreement in late 2024 to end its strategic partnership with Meiji Yasuda Life by December 31, 2025, enabling Talanx to acquire the remaining shares in Polish subsidiaries Warta (24.3% stake) and TU Europa (50% minus one share) in early 2026 subject to approvals, boosting earnings consolidation; divestitures such as the 2025 sales of Argentinian/Uruguayan and Ecuadorian subsidiaries to local buyers; record financial performance with €1.964 billion group net income in the first nine months of 2025, lifting full-year forecasts; and a dividend increase to €2.70 approved in May 2025.