The Talanx Group is the third-largest German insurance group measured by gross premium income and operates as a multi-brand provider in the insurance and financial services sector. At the end of 2007 Talanx employed around 16,000 staff worldwide.
Talanx has split its activities into five Group segments: Property/Casualty Primary Insurance, Life Primary Insurance, Non-Life Reinsurance, Life/Health Reinsurance and Financial Services. The segments are united strategically by the corporate mission statement of focusing on those areas that offer particularly promising opportunities going forward. The individual companies are controlled – usually via intermediate holding companies – by the Hannover-based financial and management holding company Talanx AG, the sole owner of which is HDI V.a.G., a mutual insurance company.
Major European locations outside Germany for the insurance and reinsurance operations are Rome, Warsaw, Rotterdam, Vienna, London, Dublin, Zurich and Paris. On other continents – alongside our industrial insurance network – importance attaches first and foremost to reinsurance locations, including for example in the United States, South Africa, Australia and Bahrain. In the primary insurance sector we acquired companies over the past years in high-growth countries such as Brazil, Poland, Turkey and most recently Ukraine and Chile. In each of these markets our intention is to rank among the ten largest insurers in the country.