Talanx AG (TNXXF)
Talanx AG operates in the Insurance - Diversified industry of the Financial Services sector, headquartered in Hanover, NI, DE. The stock last traded at $116.87, up 0.00% on the session, giving a market capitalisation of $30.18B. 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 is a global financial services firm that delivers a wide range of insurance and reinsurance products and services. The company's direct insurance offerings are extensive, covering life and various property and casualty risks such as liability, motor, aviation, legal protection, fire, theft, water damage, glass, windstorm, comprehensive household and homeowner policies, hail, livestock, engineering, marine, business interruption, travel assistance, aerospace liability, and financial lines. It also provides specialized fire and fire loss of profits coverage. Beyond these, Talanx offers bancassurance products, a variety of life insurance options including unit-linked, annuity, and risk policies, as well as long-term and occupational disability insurance, and personal accident coverage. A unique aspect of their portfolio includes Sharia-compliant retakaful reinsurance. In its reinsurance activities, Talanx covers property and casualty, marine and aviation, credit/surety, agriculture, structured, and life and health segments. Their involvement also extends to facultative reinsurance and natural catastrophe (nat cat) risks. Additionally, the company is engaged in asset management. Founded in 1996 and headquartered in Hanover, Germany, Talanx AG operates as a subsidiary of HDI Haftpflichtverband der Deutschen Industrie Versicherungsverein auf Gegenseitigkeit.
Talanx AG is most often compared with the following Financial Services names: