Talanx AG (TLLXY)
Talanx AG operates in the Insurance - Diversified industry of the Financial Services sector, headquartered in Hanover, NI, DE. The stock last traded at $65.00, up 0.00% on the session, giving a market capitalisation of $33.57B. On trailing twelve-month figures it carries a trailing P/E of 11.12, a net margin of 4.9%. Its beta of 0.34 implies it has historically moved less than the broad market.
Talanx AG operates internationally, delivering a comprehensive suite of insurance and reinsurance products and services. Its extensive insurance portfolio covers general lines such as casualty, liability, motor, aviation, and legal protection, alongside a broad range of property protection including fire (and related loss of profits), burglary and theft, water damage, plate glass, windstorm, household, homeowners, hail, livestock, engineering, marine, and business interruption. It also offers travel assistance, aviation and space liability, and financial lines. Beyond property and general lines, Talanx provides life, unit-linked, annuity, risk, and long-term and occupational disability insurance, in addition to personal accident and bancassurance products. The company also offers Sharia-compliant retakaful reinsurance. In the reinsurance sector, Talanx manages property and casualty, marine and aviation, credit/surety, agriculture, structured, and life and health reinsurance, as well as engaging in facultative and natural catastrophe reinsurance and asset management. Established in 1996, the company is based in Hanover, Germany, and functions as a subsidiary of HDI Haftpflichtverband der Deutschen Industrie Versicherungsverein auf Gegenseitigkeit.
Talanx AG is most often compared with the following Financial Services names: