Poland is one of the key strategic target markets for the Talanx Group. After the acquisition of the Polish insurance companies TUiR WARTA S.A. and TU Europa S.A., the Talanx Group has moved forward to second place measured by gross premium income in this important insurance market with an overall market share of 19 percent (year-end 2013).
“We have now highlighted the importance of the Polish insurance market as the second core market of the Talanx Group after Germany by taking a listing on the Warsaw Stock Exchange,” commented Herbert K. Haas, Chairman of the Board of Management of Talanx AG, at the listing event in Warsaw on Wednesday. “We are delighted that East European and Polish investors are now able to trade our shares also in Warsaw.”
The Talanx share is already listed on the stock exchanges in Frankfurt and Hannover. The listing in Warsaw was not associated with a capital increase or reallocation of shares.
This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.