Company Talanx AG

Equities

TLX

DE000TLX1005

Multiline Insurance & Brokers

Market Closed - Xetra 16:35:02 29/04/2024 BST After market 18:26:01
70.9 EUR -0.56% Intraday chart for Talanx AG 70.92 +0.04%

Business Summary

Talanx AG (Talanx) is a Germany-based provider of insurance and reinsurance products and services. The Company's activities are divided into five segments: Retail Germany, Retail International, Industrial Lines, Non-Life Reinsurance, and Life/Health Reinsurance. The Retail Germany segment is operated by the subsidiary Talanx Deutschland AG and manages insurance activities serving German retail and commercial customers; the Retail International segment is managed by Talanx International AG and encompasses insurance activities outside of Germany; the Industrial Lines segment is operated by HDI Global SE, which delivers insurance solutions to retail customers and industrial clients, and the reinsurance business, including the Non-Life Reinsurance and the Life/Health Reinsurance segments, is handled by Hannover Rueck SE. The Company markets its products, among others, through the Warta, Europa, Posta Biztosito and CiV Life brands. It is a majority-owned subsidiary of HDI VaG.

Number of employees: 27,863

Sales per Business

EUR in Million2022Weight2023Weight Delta
Property/Casualty Reinsurance
36.8 %
24,956 46.8 % 18,783 36.8 % -24.74%
Industrial Lines
18.9 %
5,053 9.5 % 9,659 18.9 % +91.15%
Retail International
16.2 %
6,678 12.5 % 8,251 16.2 % +23.55%
Life/Health Reinsurance
16.1 %
9,529 17.9 % 8,195 16.1 % -14.00%
Retail Germany - Life
9.7 %
4,942 9.3 % 4,958 9.7 % +0.32%
Consolidation
-6.9 %
-1,437 -2.7 % -3,525 -6.9 % +145.30%
Corporate Operations
5.4 %
1,840 3.5 % 2,734 5.4 % +48.59%
Retail Germany - Property/Casualty
3.8 %
1,707 3.2 % 1,932 3.8 % +13.18%

Sales per region

EUR in Million2022Weight2023Weight Delta
United States
24.4 %
12,596 23.6 % 10,563 24.4 % -16.14%
Germany
15.8 %
8,882 16.6 % 6,815 15.8 % -23.27%
Rest of Europe
12.8 %
7,983 14.9 % 5,536 12.8 % -30.65%
Asia and Australia
12.6 %
8,391 15.7 % 5,437 12.6 % -35.20%
United Kingdom
10.4 %
4,943 9.3 % 4,510 10.4 % -8.76%
Latin America
9.9 %
3,754 7.0 % 4,302 9.9 % +14.60%
Central and Eastern Europe (CEE), including Turkey
9.0 %
3,937 7.4 % 3,905 9.0 % -0.81%
Rest of North America
3.7 %
2,227 4.2 % 1,591 3.7 % -28.56%
Africa
1.3 %
718 1.3 % 580 1.3 % -19.22%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 31/12/09
Chairman 69 31/12/01
Director of Finance/CFO 55 30/04/14
Chief Tech/Sci/R&D Officer - 31/12/22
Compliance Officer 49 30/04/22
Investor Relations Contact - 15/08/21
Corporate Officer/Principal 43 30/09/22
Corporate Officer/Principal - 31/12/18
Corporate Officer/Principal - 30/11/20
Corporate Officer/Principal - 31/12/10

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 05/05/13
Director/Board Member 69 05/05/13
Chairman 69 31/12/01
Director/Board Member 62 18/05/06
Director/Board Member 70 05/05/13
Director/Board Member 56 31/01/11
Director/Board Member 58 07/05/18
Director/Board Member - 03/05/23
Director/Board Member 60 08/05/19
Director/Board Member 64 08/05/19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 258,228,991 60,063,330 ( 23.26 %) 0 23.26 %

Shareholders

NameEquities%Valuation
HDI Haftpflichtverband der Deutschen Industrie VVaG
76.70 %
198,061,636 76.70 % 15 701 M €
Union Investment Privatfonds GmbH
0.5977 %
1,543,344 0.5977 % 122 M €
Amundi Asset Management SA (Investment Management)
0.2292 %
591,859 0.2292 % 47 M €
ODIN Forvaltning AS
0.1030 %
266,074 0.1030 % 21 M €
PFP Advisory GmbH
0.0915 %
236,310 0.0915 % 19 M €
GS&P Kapitalanlagegesellschaft SA
0.0804 %
207,500 0.0804 % 16 M €
Lupus alpha Asset Management AG
0.0786 %
203,000 0.0786 % 16 M €
Vienna PTE SA Vienna Insurance Group
0.0641 %
165,543 0.0641 % 13 M €
State Street Global Advisors Ltd.
0.0570 %
147,197 0.0570 % 12 M €
ATP Fondsmaeglerselskab A/S
0.0517 %
133,387 0.0517 % 11 M €

Holdings

NameEquities%Valuation
60,563,704 50.22% 16,594,212,641 $
29,535,195 12.61% 59,320,553 $

Company contact information

Talanx AG

HDI-Platz 1

30659, Hannover

+49 511 3747 0

http://www.talanx.de
address Talanx AG(TLX)

Group companies

NameCategory and Sector
Insurance Brokers/Services
Life/Health Insurance
Investment Managers
Investment Managers
Property/Casualty Insurance
Life/Health Insurance
Property/Casualty Insurance
Property/Casualty Insurance
Life/Health Insurance