Talanx

Talanx is a German multinational financial services company headquartered in Hanover, Germany. Its core businesses include reinsurance, insurance and asset management. Talanx is Germany's third-largest insurance group and one of the major European insurance groups by premium income. The group operates in more than 150 countries. The Talanx Group operates as a multi-brand provider with a focus on B2B insurance. As of 2016, it was a constituent of the MDAX trading index of German mid-cap companies. In September 2018, it was shifted from MDAX to SDAX. Talanx is headed by Talanx AG, which assumes the functions of a management and financial holding company within the Group but is not itself active in insurance business. The largest majority shareholder of Talanx AG is HDI V.a.G., a mutual insurance company. The operational insurance business is conducted by the Group companies of the Talanx Group. The Group has tailored its structure to four operating customer segments: The business segments Industrial Insurance, Private and Commercial Lines Germany, Private and Commercial Lines International and Property/Casualty Reinsurance. In addition, the Group is active in asset management, which is anchored in the segment Corporate Functions: Ampega: Ampega Investment GmbH, Ampega Asset Management GmbH and Ampega Real Estate GmbH are responsible for asset management and funds provider activities aimed at institutional and private clients. CiV Life: CiV Life operates internationally within the Talanx Group in the private and corporate insurance sector. Hannover Re (Reinsurance Division): Talanx subsidiary Hannover Re (German Hannover Rück), with a gross premium of around €22.6 billion, is a European reinsurance group and third-largest reinsurance group in the world. Its headquarters is in Hannover, Germany. HDI Haftpflichtverband der Deutschen Industrie: German insurance for private and corporate clients through branch office and direct sales.