About Talanx Group
Talanx underwent particularly strong growth over the past decade and achieved premium income amounting to EUR 31,1 billion for the year 2016. 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
1) Annualised net income for the reporting period excluding non-controlling interests relative to average shareholders' equity excluding non-controlling interests
|in EUR million
|Gross written premium
|Net premium earned
|Combined ratio in property/casualty insurance and Property/Casualty Reinsurance
|Net investment income
|Operating profit (EBIT)
|Net profit (after financing costs and tax)
|Group net income (after non-controlling interests)
|Return on equity¹