The 2007 financial year was a successful one for the Talanx Group – in terms of both financial results and structural progress. Talanx significantly boosted its result despite difficult market conditions in Germany and numerous internal structural activities. The Group generated EBIT of EUR 1.45 (1.29) billion – a rise of 12.8% – from gross premium income that was slightly lower than in the previous year at EUR 19.1 billion. The progress made with the Group’s structural development in the financial year was similarly successful. While the Gerling integration moved forward according to plan, the Group achieved another milestone in 2007 in its core Bancassurance Division: the acquisition of BHW Leben, BHW Pensionskasse and the remaining 50% interests in the PB insurers from Postbank as well as the extension of the sales cooperation with Postbank by a further 15 years until 2022 secure Talanx’s favorable position in the promising bancassurance distribution channel.