Talanx insurer to operate under new name
The industrial lines insurer within the Talanx Group will now operate under the name HDI Global SE.
With the entry in the commercial register the announced renaming of HDI-Gerling Industrie Versicherung AG was successfully completed on 8 January 2016. The conversion to an SE (Societas Europaea) had previously been approved by the competent supervisory authority.
"The renaming is an important milestone in our more than 100-year history", said Dr Christian Hinsch, deputy chairman of the board of management of Talanx AG and chief executive officer of HDI Global SE.
"Our new name reflects the increasingly international profile of our business. Today we are already generating almost 60 percent of our premium in foreign markets - and the trend is rising."
Most primary insurance entities of the Talanx Group in Germany and abroad already use the HDI brand. The letters are the abbreviated form of the earlier name Haftpflichtverband der deutschen Industrie, meaning liability association of German industry.
In the context of the renaming the company has also comprehensively updated its corporate website and all international websites.
HDI Global SE has increasingly evolved in recent years into a global provider of industrial lines solutions and handles more than three thousand international insurance programmes worldwide. Its clients include almost all DAX-listed companies and numerous large international corporations. The "HDI GlobalNetwork" encompasses the company's own entities as well as partners in more than 130 countries. The premium volume booked by the division in the 2014 financial year totalled roughly 4 billion Euros. HDI Global SE employs more than three thousand staff around the world.
Talanx is one of the major European insurance groups and is active in some 150 countries.
