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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.

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