General information

Based in Hannover/Germany, Talanx AG heads Germany’s third-largest and Europe’s eleventh-largest insurance group (based on gross premium income 2011) as a financial and management holding company. It does not, however, itself transact insurance business. The Group, which is active in more than 150 countries worldwide through cooperation arrangements, offers high-quality insurance services in non-life and life insurance as well as reinsurance, and also conducts business in the asset management sector.

The Group operates as a multi-brand provider in the divisions of Industrial Lines, Retail Germany, Retail International, Non-Life Reinsurance and Life/Health Reinsurance as well as Corporate Operations. Its brands include HDI and HDI-Gerling, offering insurance solutions for retail and commercial customers as well as industrial clients, Hannover Re – one of the world’s leading reinsurers by premium volume –, the bancassurance specialists neue leben, PB and TARGO Versicherungen as well as the investment fund provider and asset manager AmpegaGerling. Well-known foreign insurance brands include, for example, WARTA and TU Europa in Poland, Magyar Posta insurers in Hungary, CiV Life in Russia and Metropolitana in Mexico.

At the end of 2012 the companies belonging to the Talanx Group employed a total global workforce* of 20,887 (17,061).

Talanx AG, whose majority shareholder is HDI Haftpflichtverband der Deutschen Industrie V. a. G., Hannover/Germany (HDI V. a. G.), is the parent company for all Group companies belonging to HDI V. a. G. 11.2% of the shares are in free float with private and institutional investors, 6.5% is held by the Japanese partner of Talanx AG (insurance company Meiji Yasuda) while the remaining 82.3% is held by HDI V. a. G.

Talanx AG is entered in the commercial register of the Hannover County Court under the number HR Hannover B 52546 with an address of “Riethorst 2, 30659 Hannover”. In accordance with §§ 341i et seq. of the German Commercial Code (HGB), HDI V. a. G. is obliged to prepare consolidated annual accounts that include the annual financial statements of Talanx AG and its subsidiaries. The consolidated financial statements are published in the Federal Gazette.

* Personnel capacity as of 31.12.