Growth target
In order to preserve and further enhance our competitiveness, we at the Talanx Group strive for profit-oriented growth with an eye to the optimal segmental and regional diversification of the portfolio and risk-adjusted return. It is generated organically, by way of strategic and complementary acquisitions and through cooperations – with a preferred concentration on the segments of Property/Casualty Primary Insurance, Life Primary Insurance and Life/Health Reinsurance.
Our target structure, measured by the value-added contributed by the individual divisions to the total value of the Group, is as follows:
| Property/Casualty Primary Insurance | 40.0 % |
| Life Primary Insurance | 30.0 % |
| Non-Life Reinsurance | 15.0 % |
| Life/Health Reinsurance | 15.0 % |
| Total Talanx Group | 100 % |
In industrial insurance, one of the Group's long-established core competencies, we are an indispensable capacity provider and aspire to the market status of a "global player". Our retail activities are concentrated principally on Germany as well as selected countries and regions of (Eastern) Europe and Latin America.
In the medium term it is envisaged that the proportion of gross premium from primary insurance generated outside Germany should amount to half the total gross premium volume.
In view of the varying risk profiles of our divisions we set ourselves exclusively profit targets in volatile segments. In less risk-exposed segments we define both profit and volume targets.
More extensive elaboration of this strategic framework – in terms of products, customer groups, sales channels and countries – is provided by our individual divisions.
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