May
Sale of Praetorian completed
The sale of Hannover Re’s US subsidiary Praetorian Financial Group to the Australian QBE Insurance Group, which had been agreed in December 2006, is closed at month-end after regulators give their approval.
HDI Seguros generates strong growth
The Brazilian journal Conjuntura Económica and the sponsoring company of the country’s most highly respected business school single out HDI Seguros as one of the "best insurance companies in Brazil". At the same time they highlight HDI Seguros as the insurer with the strongest premium growth in the 2006 financial year.
AmpegaGerling fully established in Cologne
The integration of the AmpegaGerling companies for asset management, investments and real estate management is successfully completed: the merged former Ampega and Gerling companies commence operations in Cologne.
June
HDI-Gerling Pensionsmanagement AG launches operations
Upon entry in the commercial register the merger of Gerling Pensionsmanagement GmbH into HDI Pensionsmanagement AG takes retroactive effect as from 1 January. As HDI-Gerling Pensionsmanagement AG, the merged companies offer long-standing experience in all areas of occupational retirement provision as well as the necessary advisory and sales expertise.
July
Hannover Re strengthens its presence in Bahrain
Hannover Rückversicherung AG, Bahrain Branch, will concentrate exclusively on traditional reinsurance in the region, while the company Hannover ReTakaful writes worldwide treaties in accordance with Islamic law. The new establishment enables the Group to offer both Sharia-compliant and conventional solutions bundled at a single location. Back in May Hannover ReTakaful had already received the 2007 Innovation Award of the Middle East Insurance Forum.
Talanx reinforces Bancassurance Division
Deutsche Postbank AG and Talanx extend their successful marketing cooperation dating back to 1999 for a further 15 years on an exclusive basis. In addition, Postbank relinquishes its life and personal accident business to its long-standing partner Talanx: BHW Lebensversicherung und BHW Pensionskasse as well as the 50 % stake in the PB insurers that was still held by Postbank.
August
The boss is the prize
By participating in a campaign run by the Handelsblatt publishing house, Talanx promotes a greater exchange between schools and business. Higher-grade pupils are given a practically oriented insight into the world of the manager. The top prize is a lesson with Talanx Chief Executive Officer Herbert K. Haas.
