About Talanx Group

Talanx underwent particularly strong growth over the past decade and achieved premium income amounting to EUR 31,8 billion for the year 2015. Talanx operates extremely successfully as a multi-brand provider in highly promising sectors of the insurance and financial services industry. The Group is led by Talanx AG, which performs the tasks of a management and financial holding company without, however, transacting any insurance business of its own. The largest shareholder of Talanx AG with a stake of 79.0 percent is HDI V.a.G., a mutual insurance company. The remaining 21 percent of shares are in the free float.

The Group companies operate under a number of different brands. These include HDI, delivering insurance solutions to retail customers and industrial clients, Hannover Re, one of the world's leading reinsurers, the bancassurance specialists neue leben insurers, PB insurers and TARGO insurers as well as Ampega, a funds provider and asset manager. The Talanx Group conducts business in its Industrial Lines, Retail Germany, Retail International and Reinsurance Divisions and in the area of financial services. The Hannover-based Group is active in some 150 countries. 

Talanx Group key figures

in EUR million 2015 2014 2013¹
 Gross written premium 31,799 28,994 28,151
 Net premium earned 25,937 23,844 23,113
 Combined ratio in property/casualty
 insurance and non-life reinsurance²
96.0% 97.9% 97.1%
 Net investment income 3,933 4,144 3,792
 Operating profit (EBIT) 2,182 1,892 1,766
 Net profit (after financing costs and tax) 1,409 1,368 1,252
 Group net income (after non-controlling interests) 734 769 732
 Return on equity³ 9.0% 10.2% 10.2%
1) Adjusted on the basis of IAS 8
2) Combined ratio adjusted for interest income on funds withheld and contract deposits, before elimination of intragroup cross-segment transactions
3) Ratio of net income excluding non-controlling interests to average equity excluding non-controlling interests

Talanx overview

Factsheet