talanx group annual report 2011 en
talanx group annual report 2011 en
talanx group annual report 2011 en
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26 Talanx Group. Annual Report <strong>2011</strong><br />
Talanx Highlights in <strong>2011</strong><br />
01/<strong>2011</strong><br />
hdi-gerling tAkes over dutch<br />
property/cAsuAlty insurer<br />
HDI-Gerling Industrie Versicherung AG<br />
takes over the Dutch property/casualty<br />
insurer Nassau Verzekering Maatschappij,<br />
N. V., Rotterdam. The company with 160 employees<br />
specialises in lines of business such<br />
as professional indemnity, D&O and crisis<br />
managem<strong>en</strong>t.<br />
hAnnover re buys<br />
reinsurAnce portfolio<br />
Hannover Re takes over Scottish Re’s <strong>en</strong>tire<br />
portfolio, which covers the mortality risk<br />
under term life and <strong>en</strong>dowm<strong>en</strong>t products<br />
and was tak<strong>en</strong> on by Scottish Re from 2000<br />
to 2003. The business is expected to g<strong>en</strong>erate<br />
an <strong>annual</strong> premium volume of about<br />
USD 80 million.<br />
02/<strong>2011</strong><br />
mAdrid becomes An<br />
industriAl insurAnce hub<br />
The Spanish company HDI Seguros, a<br />
subsidiary of HDI-Gerling Industrie<br />
Versicherung AG, is to be expanded into<br />
a hub for industrial insurance solutions<br />
in Latin America.<br />
AwArd for compAny p<strong>en</strong>sion<br />
provider<br />
In a survey of compet<strong>en</strong>ce and expertise<br />
in company p<strong>en</strong>sion schemes, the<br />
indep<strong>en</strong>d<strong>en</strong>t Institut für Vorsorge und<br />
Finanz planung (IVFP) studied 22 providers.<br />
HDI-Gerling was giv<strong>en</strong> the top mark “excell<strong>en</strong>t”<br />
and thus ranks supreme in terms<br />
of insurance cover, service, advice and<br />
administration.<br />
03/<strong>2011</strong><br />
top mArks for disAbility insurAnce<br />
Analysts Morg<strong>en</strong> & Morg<strong>en</strong> give HDI-Gerling<br />
five stars in their survey of disability<br />
insurance products – and that despite<br />
stricter criteria. The rating applies to several<br />
products from the “EGO” product family.<br />
04/<strong>2011</strong><br />
purchAses in Arg<strong>en</strong>tinA<br />
And uruguAy<br />
Talanx is ext<strong>en</strong>ding its pres<strong>en</strong>ce on its<br />
strategic target market of Latin America<br />
by taking over two insurance companies:<br />
L’UNION de Paris Cía. Arg<strong>en</strong>tina de Seguros<br />
S. A. and L’Union de Paris Cía. Uruguaya de<br />
Seguros S. A. The hitherto privately owned<br />
companies had a staff of just on 140 in<br />
the 2010 business year and g<strong>en</strong>erated a<br />
premium volume of around EUR 44 million.<br />
The two are to operate under the name of<br />
HDI Seguros.<br />
07/<strong>2011</strong><br />
new Acquisition in mexico<br />
Talanx International AG takes over the<br />
Mexican company Metropolitana Compañía<br />
de Seguros. The portfolio comprises<br />
mainly motor business and thus ideally<br />
complem<strong>en</strong>ts the Group’s activities in<br />
Mexico: the already established HDI Seguros<br />
likewise gets about 80% of its business from<br />
the motor line. The two companies are to be<br />
merged and will th<strong>en</strong> rank among the top<br />
t<strong>en</strong> motor insurers in Mexico.