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Talanx Primary Insurance Group Mar 06
Standard & Poors, March 2006
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
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Research Type: Full Analysis
HDI-Gerling Industrie Versicherung AG,HDI Haftpflichtverband der Deutschen Industrie VaG,HDI-Gerling Verzekeringen N.V.,Talanx AG,HDI Direkt Versicherung AG