talanx group annual report 2011 en

20 Talanx Group. Annual Report 2011
A = Acquisition
C = Cooperation
A
2011
A
2008
A
2009 +
2011
Targeted expansion in defined regions
A
2011
Central and Eastern Europe, Latin America and Asia are among the
markets we are targeting for expansion. In line with the Talanx Group’s
internationalisation strategy, purchasing suitable companies in these
regions is one way to enhance our visibility and to take advantage of
promising opportunities on the insurance markets.
A
2011 +
2012
also have highly developed collaboration
skills that can be fine-tuned to the most
diverse professional partners and business
models.
Industrial insurance is a mainstay of our
globalisation strategy: its importance
within the Group’s portfolio is to be
increased not only on our defined target
markets, it also has a growth mandate in
countries in which the Talanx Group has
been operating for a long time. For example
we intend to expand our business with
internationally operating German indus-
C
2009
C
2010
A/C
2011
trial corporations by taking advantage of
the sales networks of our retail insurance
companies. This gives our industrial clients
the benefit of decades of experience
“on their own doorstep.”
The Retail International Division is a real
growth driver within our Group with its
strategic target markets, Central and Eastern
Europe (including Turkey) and Latin
America; we expect it to make a higher
participation to the Group’s profit both