Most major insurance brands in Germany are composite carriers offering all lines of coverage, but a few niche players like Talanx are mixing things up.
Talanx is Germany’s third largest property and casualty insurer after Allianz and HUK-Coburg. But unlike the composite insurance giants, Talanx focuses specifically on retail and corporate P&C insurance.
This specialization allows Talanx to excel particularly at business and specialty insurance, covering risks specific to industries like chemicals, agriculture, infrastructure and more.
Talanx also extends its risk expertise to consumers through customized home and automobile insurance. A key strength is coverage for high-value assets like luxury vehicles, vintage cars and art collections.
Type: Public company
Founded: 1996
Headquarters: Hanover, Germany
Products: Life insurance, health insurance, property insurance, casualty insurance, and more
Market share: Leading provider of property and casualty insurance in Germany
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