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Talanx Primary Insurance Group Mar 06 Product Image

Talanx Primary Insurance Group Mar 06

  • Published: March 2006
  • Standard & Poors

Abstract
Proven ability to maintain solid profitability; Very competitive cost position backed by efficient distribution and rigorous cost discipline; A very strong competitive position in the German property/casualty market; and A very conservative financial profile. Financial risk tolerance is likely to increase as management has entered into an active acquisition phase. The ratings on the core property/casualty insurance subsidiaries of Germany-based Talanx AG are based on the financial strength of Talanx AG's consolidated primary insurance operations (collectively referred to as Talanx primary insurance group; TPG; see table 5). TPG benefits from strong operating performance, a very strong competitive position, and a very conservative financial profile. Over the past few years, TPG has demonstrated an impressive earnings track record. In 2005, TPG...

Companies mentioned in this report are: HDI-Gerling Industrie Versicherung AG,HDI Haftpflichtverband der Deutschen Industrie VaG,HDI-Gerling Verzekeringen N.V.,Talanx AG,HDI Direkt Versicherung AG
Action: Review

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HDI-Gerling Industrie Versicherung AG,HDI Haftpflichtverband der Deutschen Industrie VaG,HDI-Gerling Verzekeringen N.V.,Talanx AG,HDI Direkt Versicherung AG

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