Best Affirms Ratings of HDI Hftp. der Deutschen Industrie, Talanx AG
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Germany’s HDI Haftpflichtverband der...
View ArticleRatings Recap: HDI V.a.G/Talanx, TTB/TTI, Platinum Underwriters
A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit ratings of “a-” of Through Transport Mutual Insurance Association Limited (TTB) (Bermuda) and its...
View ArticleTalanx Quarterly Profit Falls 19% on Lower Investment Income
Talanx AG, Germany’s third-biggest insurer, said second-quarter profit dropped 19 percent on lower investment income. Net income declined to €165 million ($220 million) from €204 million [$272.6...
View ArticleTalanx to Shift Investments to Non-Euro Countries
Talanx AG, Germany’s third-biggest insurer, plans to shift investment to countries outside the euro region as monetary policy measures erode returns on assets in the currency union. “Generally...
View ArticleTalanx Sells Remaining Shares in Swiss Life to Strengthen Balance Sheet
Talanx AG, Germany’s third-biggest insurer, sold its stake in Swiss Life Holding AG to help mitigate the effect of low interest rates and to cover risk. Talanx will book 214 million euros ($267...
View ArticleTalanx Q4 Profit Rose 17% on Measures to Restructure German Retail Division
Talanx AG, Germany’s third-biggest insurer, said fourth-quarter profit rose 17 percent helped by investment gains as it sought to restructure its German retail division. Net income increased to 239...
View ArticleGermany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates
Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy assets. The insurer sees renewables as offering “long-term, bigger...
View ArticleTianjin Port Explosions to Cost Industry at Least $2 Billion: Insurer Filings
Insurer Talanx AG’s $122 million loss from port explosions at Tianjin, one of China’s worst industrial disasters, takes the net hit incurred by insurers across Europe, the U.S., Bermuda and Asia to...
View ArticleGermany’s Talanx Strengthens Bancassurance Presence in Italy
The Talanx Group, headquartered in Hannover, Germany, is strengthening its bancassurance business in Italy by acquiring the insurance companies belonging to the Italian banking group Gruppo Banca...
View ArticleBest Affirms Ratings of HDI Hftp. der Deutschen Industrie, Talanx AG
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Germany’s HDI Haftpflichtverband der...
View ArticleRatings Recap: HDI V.a.G/Talanx, TTB/TTI, Platinum Underwriters
A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit ratings of “a-” of Through Transport Mutual Insurance Association Limited (TTB) (Bermuda) and its...
View ArticleTalanx Quarterly Profit Falls 19% on Lower Investment Income
Talanx AG, Germany’s third-biggest insurer, said second-quarter profit dropped 19 percent on lower investment income. Net income declined to €165 million ($220 million) from €204 million [$272.6...
View ArticleTalanx to Shift Investments to Non-Euro Countries
Talanx AG, Germany’s third-biggest insurer, plans to shift investment to countries outside the euro region as monetary policy measures erode returns on assets in the currency union. “Generally...
View ArticleTalanx Sells Remaining Shares in Swiss Life to Strengthen Balance Sheet
Talanx AG, Germany’s third-biggest insurer, sold its stake in Swiss Life Holding AG to help mitigate the effect of low interest rates and to cover risk. Talanx will book 214 million euros ($267...
View ArticleTalanx Q4 Profit Rose 17% on Measures to Restructure German Retail Division
Talanx AG, Germany’s third-biggest insurer, said fourth-quarter profit rose 17 percent helped by investment gains as it sought to restructure its German retail division. Net income increased to 239...
View ArticleGermany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates
Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy assets. The insurer sees renewables as offering “long-term, bigger...
View ArticleTianjin Port Explosions to Cost Industry at Least $2 Billion: Insurer Filings
Insurer Talanx AG’s $122 million loss from port explosions at Tianjin, one of China’s worst industrial disasters, takes the net hit incurred by insurers across Europe, the U.S., Bermuda and Asia to...
View ArticleGermany’s Talanx Strengthens Bancassurance Presence in Italy
The Talanx Group, headquartered in Hannover, Germany, is strengthening its bancassurance business in Italy by acquiring the insurance companies belonging to the Italian banking group Gruppo Banca...
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