Talanx is Germany’s third-largest and one of the major European insurance groups by premium income. The Hannover-based Group is active in some 150 countries. Talanx operates as a multi-brand provider with a focus on B2B insurance. The rating agency Standard & Poor’s has given the Talanx Primary Group a financial strength rating of A+/stable (strong) and the Hannover Re Group one of AA–/ stable (very strong). Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX. Our vision Talanx is the leading global B2B insurance group. Our mission Optimised cooperation between our Divisions enables us to take advantage of promising opportunities wherever they arise on the global insurance markets – to the benefit of all our stakeholders.
Type
Public
HQ
Hannover, DE
Size (employees)
20,138 (est)
Talanx is headquartered in Hannover, DE

Talanx Office Locations

Talanx has office in Hannover
Hannover, DE

Talanx Metrics

Talanx Summary

Market capitalization

€8 b

Closing share price

€32.5
Talanx's current market capitalization is €8 b.

Talanx Financials

Talanx's revenue is €1.1 b in FY, 2014 which is a 39.8% increase from the previous period.
FY, 2014FY, 2015

Revenue

€1.1 b€801.3 m

Revenue growth, %

9%

Cost of goods sold

€483.5 m€260.3 m

Gross profit

€636.9 m€541 m

Gross profit Margin, %

56.8%67.5%

Sales and marketing expense

€58.7 m€48.8 m

General and administrative expense

€46.1 m€62.9 m

Operating expense total

€104.7 m€111.7 m

Depreciation and amortization

€2.6 m€198 k

EBIT

€399.1 m€324.2 m

EBIT margin, %

35.6%40.5%

Interest expense

€152.9 m€121.4 m

Interest income

€18.2 m€4.7 m

Income tax expense

€13.1 m€34.4 m

Pre tax profit

€385 m€310 m

Net Income

€398.2 m€344.6 m

Talanx Market Value History

Talanx Revenue Breakdown

Talanx Online Presence

Talanx News

Talanx Company Life

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