Talanx AG - Company Profile
Powered by 
All the data and insights you need on Talanx AG in one report.
$295
- Save hours of research time and resources with
our up-to-date Talanx AG Strategy Report
- Understand Talanx AG position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Related keylists
Talanx AG (Talanx), a subsidiary of HDI V. a. G., is a management and financial holding company. The company offers a range of property, casualty, life, health insurance, and reinsurance products. It also offers Sharia-compliant retakaful reinsurance. The company offers insurance and reinsurance products for liability, motor, fire and property, unit-linked life, legal protection, marine, disability, credit and surety, transport and aviation, and engineering. Talanx offers products to retail, commercial and industrial customers under various brands including Hannover Re, CiV Life, warta, LifeStyle Protection, EUROPA, neue leben, HDI, TARGO, Posta Biztosio and Ampega. It has a presence in the Americas, Europe, Africa, Asia-Pacific, and Australia. The company is headquartered in Hannover, Germany.
Headquarters
Germany
Address
Hdi-Platz 1, Hannover, Berlin, 30659
Website
www.talanx.com
Telephone
49 511 37470
No of Employees
24,057
Industry
Financial Services
Ticker Symbol & Exchange
TLX (ETR)
Revenue (2022)
$51.2B
14.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
15.7%
(2022 vs 2021)
Market Cap*
$18.6B
Net Profit Margin (2022)
XYZ
0.8%
(2022 vs 2021)
* As of and is in US$
Talanx AG premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Insurance | Hannover Re |
| Life Insurance | CiV Life |
| Motor Insurance | Warta |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In July, the company announced its plans to acquire TUA Assicurazioni from Generali. |
| 2023 | Contracts/Agreements | In May, the company entered into an agreement for the acquisition of Liberty Mutual Insurance Inc.'s Latin American business by HDI International AG. |
| 2023 | Contracts/Agreements | In February, the company entered into an agreement with Bank Millennium to expand its portfolio in the life protection and non-motor business. |
Competitor Comparison
| Key Parameters | Talanx AG | AXA SA | Allianz SE | Assicurazioni Generali SpA | Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft (Munich Re) |
|---|---|---|---|---|---|
| Headquarters | Germany | France | Germany | Italy | Germany |
| City | Hannover | Paris | Muenchen | Trieste | Muenchen |
| State/Province | Berlin | Ile-de-France | Bayern | Friuli-Venezia Giulia | Bayern |
| No. of Employees | 24,057 | 90,443 | 159,253 | 82,599 | 42,562 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Torsten Leue | Chief Executive Officer | Senior Management | 2018 | 57 |
| Jan Wicke | Chief Financial Officer | Senior Management | 2020 | 55 |
| Simone Auer | Chief Risk Officer | Senior Management | 2023 | - |
| Jean-Jacques Henchoz | Head - Reinsurance Division | Senior Management | 2019 | 59 |
| Wilm Langenbach | Head - Retail International Division | Senior Management | 2020 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward