Talanx

Talanx AG, founded in 1996, is a prominent insurance group headquartered in Hannover, Germany. The company has structured its operations into several key business segments. The Retail Germany segment caters to both retail and commercial customers with a comprehensive range of property/casualty and life/health insurance options. Retail International extends the company's insurance offerings to foreign markets, notably in Eastern Europe, Latin America, and the Asia-Pacific region. The Industrial Lines segment provides tailored insurance solutions to large industrial clients and corporations. Furthermore, Talanx AG has established a significant foothold in the field of reinsurance through both non-life and life/health reinsurance services. Complementing these insurance sectors, the company also excels in Asset Management, mainly focusing on overseeing the assets of the Talanx Group. The portfolio of important brands under Talanx AG includes HDI, which delivers insurance products for private and corporate clients, and Hannover Re, recognized as a leading reinsurance company on a global scale. Additionally, TARGO Versicherungen offers its insurance products via cooperative banks in Germany, while Neue Leben specializes in retirement provision products. PB Versicherungen is another brand that sells its products through cooperative banks in Germany. Moreover, TU Europa is known for its non-life and life insurance products in Poland. Primarily, Talanx AG operates extensively within Germany, its core market. Nonetheless, the company's reach extends across Europe, emphasizing the growing markets of Eastern Europe. The group's international activities also span to strategic markets in Latin America and the Asia-Pacific area, reflecting its global aspirations. Hannover Re, as a pivotal part of Talanx AG, maintains a global presence and plays an instrumental role in the worldwide reinsurance industry. (Powered by AI)