Talanx AG banner

Company Overview

Business Description

Sector
Financials
Industry
Insurance
Headquarters
Germany DE
Employees
29 464
IPO date
Oct 2, 2012

Talanx AG is a German insurance group. It sells life, property, casualty, and industrial insurance policies to individual customers, small and mid-sized businesses, and large corporate clients, mainly through brands such as HDI and through its broker and international businesses. It also owns Hannover Re, one of its key businesses, which insures other insurance companies and helps spread risk around the market.

The company makes money by collecting insurance premiums, investing those premiums until claims are paid, and earning fees and underwriting profit when claims stay below what it charged. Its customers pay for protection against losses from accidents, damage, liability, death, and other risks. Because insurance is built around long-term contracts and careful risk selection, Talanx’s business depends on pricing risk well and keeping enough capital to cover claims.

What makes Talanx stand out is that it sits on both sides of the insurance market. Through primary insurance, it sells directly to end customers and businesses; through reinsurance, it backs other insurers behind the scenes. That mix gives it a broader view of risk than a typical insurer and makes it an important link in the wider insurance value chain.

Talanx AG Investor Relations

Address
HDI-Platz 1
Hannover, Niedersachsen
Germany

Business Segments

Retail insurance

This business sells insurance policies for private customers and small businesses under brands such as HDI. It covers common needs like car, home, liability, accident, and life insurance in Germany and other European mar...

Customers and revenue model

Industrial insurance

This business provides insurance and risk services for larger companies and institutions. It writes tailored cover for property damage, liability, engineering, marine, and other complex commercial risks.

Customers and revenue model

Reinsurance

Description, customers and revenue model

Asset management

Description, customers and revenue model

Management

Mr. Torsten Leue

Chairman of the Management Board & CEO

Biography unavailable

Dr. Jan Martin Wicke Ph.D.

CFO & Member of the Management Board

Biography unavailable

Dr. Wilm Langenbach

Member of Management Board

Biography unavailable

Ms. Caroline Schlienkamp

Member of the Management Board

Biography unavailable

Mr. Jens Warkentin

Member of the Board of Management

Biography unavailable

Mr. Bernd Sablowsky

Head of Investor Relations and Mergers & Acquisitions

Biography unavailable

Ms. Simone Auer

Chief Risk Officer

Biography unavailable

1 / 7