General information

As a financial and management holding company Talanx AG heads Germany’s third-largest insurance group, with premium income of EUR 20.9 (19.0) billion in 2009. It is not, however, itself active in insurance business. The Group transacts business worldwide in more than 150 countries in the areas of property/casualty insurance, life insurance, non-life reinsurance, life/health reinsurance and financial services.

The Group operates highly successfully on international markets as a multi-brand provider in the insurance and financial services industry. Its brands include first and foremost the HDI-Gerling insurers, with their core fields of industrial and retail business in property/casualty and life insurance, Hannover Re, one of the world’s leading reinsurance groups, the bancassurance specialists Neue Leben, TARGO Versicherungen (formerly CiV Versicherungen), PB Versicherungen and PBV Lebensversicherung, Aspecta, and the investment fund provider and asset manager AmpegaGerling.

At the end of 2009 the companies belonging to the Talanx Group employed a total global workforce* of 16,921 (16,541). Talanx AG is a joint-stock company and has its registered office in Hannover, Germany. It is entered in the commercial register of Hannover County Court under the number HR Hannover B 52546 with the address “Riethorst 2, 30659 Hannover”.

Talanx AG is a wholly-owned subsidiary of HDI Haftpflichtverband der Deutschen Industrie Versicherungsverein auf Gegenseitigkeit, Hannover (HDI V. a. G.). In accordance with §§ 341 et seq. of the German Commercial Code (HGB) HDI V. a. G. is obliged to prepare consolidated annual accounts that include the annual financial statements of Talanx AG and its subsidiaries. The consolidated annual accounts of the parent company are published in the electronic federal gazette.

*Full-time equivalents as at 31 December