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TALANX AG NA O.N. (TLX)
Open
€68.5
Previous close
€68.2
Trade high
€69.6
Volume
136,611
Year high
€74.20
Year low
€42.96
Dividend yield
2.93%
Market capitalisation
€17.86 bn
P/E ratio
10.97
ISIN
DE000TLX1005
This share can be held in a Dealing accountISALifetime ISAJISASIPP
Share price
Company profile
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s,and today, HDI owns over three quarters of Talanx.
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