The Group

Talanx has seen particularly strong growth in the past decade, generating gross written premiums of EUR 53.4 billion for 2022. The Group is an extremely successful multibrand provider in the insurance and financial services industry. Its parent, Talanx AG, was granted a reinsurance license at the beginning of 2019. As a result, the company is no longer a pure-play holding company but is also active at an operational level, and as an intragroup reinsurer for its primary insurance companies. HDI V.a.G., a mutual insurance company, is Talanx AG’s largest shareholder with a stake of roughly 77%. The remaining 23% or so of shares are in free float.

talanx-konzern-flaggen

The Group’s companies operate under a number of different brands. These include HDI, which provides insurance solutions to retail customers and industrial clients; Hannover Re, one of the world’s leading reinsurers; bancassurance specialists LifeStyle Protection, neue leben insurers and TARGO insurers; and Ampega, a fund provider and asset manager. The Talanx Group does business through its Industrial Lines, Retail Germany, Retail International and Reinsurance divisions and in the area of financial services. The Hannover-based Group is active in more than 175 countries.

EUR million
2022
2021
20201
Adjusted in accordance with IAS 8.
Gross written premiums
53,431
45,507
41,109
Net premiums earned
44,722
37,863
34,190
Combined ratio for property/casualty primary insurance and property/casualty reinsurance 2
Including net interest income on funds withheld and contract deposits.
98.9%
97.7%
101.0%
Net investment income
3,700
4,718
4,240
Operating profit (EBIT)
3,372
2,454
1,645
Group net income (after non-controlling interests)
1,172
1,011
648
Return on equity 3
The ratio of annualised net income for the reporting period excluding non-controlling interests to average shareholders’ equity excluding non-controlling interests.
12.9%
9,6 %
6,3 %
  1. 1) Adjusted in accordance with IAS 8.
  2. 2) Including net interest income on funds withheld and contract deposits.
  3. 3) The ratio of annualised net income for the reporting period excluding non-controlling interests to average shareholders’ equity excluding non-controlling interests.
Board of Management

The Board of Management has seven members and has been chaired by Torsten Leue since 2018.

Supervisory Board

The Supervisory Board has 16 members and has been chaired by Herbert K. Haas since 2018.

Insurance Uncovered Podcast

Have you listened to all the episodes of our Insurance Uncovered podcast yet?

Our Purpose

“Together we take care of the unexpected and foster entrepreneurship”