The Talanx Group and its companies operate in a number of primary insurance and reinsurance areas, in both the property/casualty and the life business. The Group bases its clear and efficient structure for customers and investors on four operational customer divisions. These are Industrial Lines, Retail Germany, Retail International and Reinsurance, with the latter encompassing both the Property/Casualty and the Life/Health businesses. In addition, the Group is active in the field of asset management, which is assigned to the Corporate Operations segment.
Talanx Divisions
Talanx AG is the financial and management holding company that heads the Group. It ensures that the Group’s primary goal – sustainable profitable growth – is achieved. Talanx AG manages the Group by raising and allocating capital, defining targets, measuring performance and establishing appropriate incentive schemes. At the same time, it is responsible for optimising the Group’s organisational and capital structures. Talanx AG has its own staff functions within Corporate Operations that implement the measures derived from its strategic objectives and perform its operating activities. These functions aim to systematically steer and monitor the Group, and hence to ensure its development.
Overview of Talanx AG’s Group structure