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Talanx
Talanx is a German multinational financial services company headquartered in Hanover, Germany. Its core businesses include reinsurance, insurance and asset management.[1] Talanx is Germany's third-largest insurance group and one of the major European insurance groups by premium income.[1] The group operates in more than 150 countries. The Talanx Group operates as a multi-brand provider with a focus on B2B insurance. It Is a constituent of the MDAX, trading index of German mid-cap companies.[2] Operations 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:
In May 2023, Talanx announced the acquisition of companies from Liberty Mutual. Talanx announced the purchase deal of Liberty Seguros personal and small commercial business in the regions of Brazil, Chile, Ecuador and Colombia, The deal is expected to make Talanx the third-largest insurer in Latin America.[3] References
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