Corporate News

Talanx starting in the MDAX today

Following a decision of the German Stock Exchange – Deutsche Börse AG – Talanx AG (ISIN: DE000TLX1005, German Securities Code: TLX100) is entering the German MDAX stock index with effect from today.Talanx will replace the stock of Douglas Holding AG, which free float fell under the minimum threshold of 10 per cent by way of takeover.

One key factor for the decision about the entry of a company into the MDAX is the market capitalisation of the freely tradable shares. In addition, a high trading volume is necessary. This signals the tradability of the share.

After the IPO in early October 11.2 percent of Talanx shares are currently in free float with private individuals and institutional investors. Japanese life insurer and strategic partner of Talanx, Meiji Yasuda, holds 6.5 percent. HDI V.a.G. is the majority shareholder with 82.3 percent.

About Talanx
Talanx was the third-largest German insurance Group and the eleventh-largest European insurance group in 2011* (based on gross written premium). In 2011, Talanx generated premium income of approximately EUR 23.7 billion. Talanx operates as a multi-brand provider. Its brands include HDI, HDI-Gerling, Hannover Re, one of the world’s leading reinsurers by premium volume*, Targo Versicherungen, PB Versicherungen, Neue Leben and the financial services provider AmpegaGerling. With the recent acquisitions of TU Europa Group and TUiR Warta S.A., Poland has become Talanx's second home market. The Hannover-based Group is active in about 150 countries. The rating agency Standard & Poor’s has given the Talanx Primary Group a financial strength rating of A+/stable (strong) and the Hannover Re Group one of AA-/stable (very strong). Since October 2012 Talanx AG has been listed at Frankfurt Stock Exchange (WKN: TLX100, ISIN: DE000TLX1005).


* Source: KPMG 2012 on the basis of the Annual Reports of the relevant insurance companies


Disclaimer

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.