Talanx AG takes good Corporate Governance to mean responsible enterprise management and supervision geared to sustainable value creation.
In particular, we strive to further foster the trust placed in us by our investors, our business partners and employees, and the public at large. We also attach great importance to the efficient conduct of their work by the Board of Management and Supervisory Board, good cooperation between these bodies and with the company's staff, and to open and transparent corporate communications.
Talanx AG is a stock corporation under German stock corporation law. It has three executive bodies: the Board of Management, the Supervisory Board and the General Meeting. The tasks and powers of these bodies are defined by law, the company's Articles of Association, and the Rules of Procedure for the Board of Management and the Supervisory Board.
The Board of Management and the Supervisory Board of Talanx AG last submitted a declaration of conformity with the German Corporate Governance Code (DCGK) according to section 161 of the German Stock Corporation Act in November 2018. Talanx AG diverges from the recommendations of the DCGK in the version of 5 May 2015 in three points. Please see the declaration of conformity for details.
Further details on corporate governance and the remuneration of the Management Board and Supervisory Board of Talanx AG can be found in the section Corporate Governance of the Annual Report.