1. HDI-Gerling Industrie Versicherung AG
WBN Global Conference, Rome October 2013

2. The Talanx Group
With a premium income of around EUR 27 billion in 2012 the third largest German insurance Group and among the 10 largest European insurance providers by premium income in 2012
The third largest German insurance Group and among the 12 largest European insurance providers by premium income in 2011
Industrial insurance: One of the major providers of commercial lines in Germany, excellent position in major European markets
Life insurance: Belongs to the largest life insurers in Germany
One of the leading bancassurance providers in Germany
Reinsurance: Global player with Hannover Re as one of the leading reinsurers in the world
Investments: EUR 98.9 billion*
Financial strength ratings: Standard & Poor’s: A+/stable (strong) A.M. Best: A/stable (excellent)
*) as at
HDI-Gerling Industrie Versicherung AG
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3. The Talanx Group Talanx operates in five business areas:
Retail Germany
Retail International
Industrial Lines
Reinsurance (Non-Life Reinsurance, Life and Health Reinsurance)
Financial Services
The Talanx Group can look back on more than one hundred years of experience, yet we are a young, dynamic company
Talanx is active in about 150 countries with a workforce numbering some 22,200 employees as of year-end 2012
Talanx headquarters is based in Hannover
HDI-Gerling Industrie Versicherung AG
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4. The name Talanx
Talanx is an artificially created name composed of two elements from Greek Antiquity:
Talent: A currency unit in Antiquity used to state large amounts. The talent was a coin standard used in minting and to measure the metal content of the alloy
Phalanx: A self-contained combat formation, an efficiently functioning, interlocking system distinguished by power, strength and solidity as well as a high level of flexibility
Needless to say, we do not in any way equate commercial activities with ancient battles. Rather, the associations with power, strength, solidity and flexibility in financial transactions prompted us to select the name.
HDI-Gerling Industrie Versicherung AG
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5. The Talanx Group
HDI-Gerling Industrie Versicherung AG
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6. Europe: Talanx among the 8 largest insurance providers by premium income1 2 3 4 6 8 5 11 7 12
Allianz
AXA
Generali
Munich Re
Zurich
Prudential
Aviva1)
Talanx
CNP
Swiss Re 9 10
2012 | Gross premiums (EUR billion)
1) Continuing business only
1) Continuing business only
Source: Own Presentation based on 2012 annual reports
HDI-Gerling Industrie Versicherung AG
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7. Gross premiums (EUR billion)
Our Ranking in Germany: Unchanged on Rank 3
Rank
Company/Group
Gross premiums (EUR billion)
2012
2011 1
Allianz
99,2
97,6 2
Munich Re
52,0
49,6 3
Talanx-Konzern
26,7
23,7 4
R+V
11,9
11,3 5
Debeka
9,3
8,8 6
VKB Versicherungskammer Bayern
6,9
6,6 7 8
HUK
5,6
5,3
Signal Iduna
5,5 9
Gothaer
4,2
4,1 10
W&W
4,0
3,8
Source: Own presentation based on annual reports
HDI-Gerling Industrie Versicherung AG
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8. HDI-Gerling Industrie Versicherung AG
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9. Industrial Lines
The Industrial Lines division is led by HDI-Gerling Industrie Versicherung AG
The company is active in more than 130 countries through branches, subsidiaries and network partners
HDI-Gerling Industrie supports its clients at home and abroad with bespoke solutions optimally attuned to the needs of its customers
The range of products and services extends from liability, motor, accident, fire and property insurance to marine, special lines and engineering covers
Decades of experience in risk assessment and risk management, since complex risks in industry and mid-sized business necessitate special protection
Professional claims management worldwide
In Germany HDI-Gerling Industrie offers the full range of individual customer support services from 11 locations across the country
HDI-Gerling Industrie Versicherung AG
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10. HDI-Gerling Industrie Versicherung At a Glance
IFRS in EUR millions*
Actual
2012
Actual 2011
Actual 2010
Gross Written Premiums
3,057
2,721
2,530
Net Underwriting Result 37
137
-88
Net Investment Income
269
191
220
Other Income/Expenses
-32
-71 25
Result before goodwill impairments
274
257
157
Claims Ratio (Net)
76.5%
65.1%
84.3%
Administration Expenses Ratio (Net)
13.5%
15.0%
15.4%
Acquisition Cost Ratio (Net)
7.2%
7.8%
Combined Ratio (Net)
97.3%
87.7%
107.5%
*) Before consolidation
Source: 2012 Talanx Group Annual Report
HDI-Gerling Industrie Versicherung AG
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11. Most of the DAX 30 Companies trust HDI-Gerling
…has business relations with 90% of all DAX companies
…and 100% of all DAX industrial companies
…leads the liability insurance consortium with 68% of all DAX industrial companies
1) light green = selected fleets only, dark green = all fleets (German market only)
2) HDI-Gerling leads one of the two Daimler global property programmes
3) see Fresenius SE
4) inception date 01 January 2013
Lead
Participation
No business relation
HDI-Gerling Industrie Versicherung AG
As of: October 2012
Source: HG-I/H-Z-I-UE
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12. High Market Penetration in Target Sectors among EURO STOXX 50 Companies
Proportion of non-clients
Proportion of clients
Total 38 50
Non-target
Sectors
(e.g. Financial
Services)
Target Sectors
Companies listed in Euro Stoxx 50
Germany
France
Spain
Italy
Netherlands
Others
Country
No. of Target Clients 10 15 4 2 3
Country-specific Market Penetration [%]
10% 0%
25%
13%
90%
87%
100%
75%
HDI-Gerling Industrie Versicherung AG
As of: February 2013
Source: HG-I/H-Z-I-GG
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13. Corporate & Industrial Lines Segment Global Presence
HDI-Gerling Industrie Versicherung AG
Foreign
Branch Offices
Subsidiaries
Associated Companies
HDI-Gerling Verzekeringen NV (Netherlands)
Branch Office Denmark
HDI Versicherung AG (Austria)
Branch Office Czech Republic
Branch Office Slovak Republic
Branch Office Hungary
HDI Seguros S.A.(Spain)
HDI-Gerling Assurances SA (Belgium)
HDI-Gerling Assurances SA Luxembourg
HDI-Gerling
Welt Service AG
PietroVietnam Insurance Holdings (31,8% stake)
Magma HDI India (Joint Venture, 26,0% stake)
France
Switzerland UK
Italy
Greece
Japan
Hong Kong
Australia
Ireland
Canada
Singapore
Bahrain
Norway (Ocean Hull)
HDI-Gerling America Insurance Co. (USA)
HDI-Gerling de México Seguros S.A.
HDI-Gerling Insurance of South Africa Ltd.
Servicing Offices in Talanx Companies:
HDI Seguros S.A. (Brazil)
TUiR WARTA S.A. (Poland)
HDI Sigorta A.Ş. (Turkey)
HDI Seguros S.A. (Chile)
HDI Strakhuvannya (Ukraine)
HDI Seguros S.A. (Argentina)
HDI Seguros S.A.(Uruguay)
HDI Strakhovanie (Russia)
International Insurance Company of Hannover Ltd. (Sweden)
HDI-Gerling Industrie Versicherung AG
As of: Mai 2013
Source: HG-I/H-Z-I-GG
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14. HDI-Gerling Global Network Global Service Capabilities in over 130 Countries
Service capabilities in 38 countries through own branch offices, subsidiaries or associated companies
In addition, network/fronting partners in over 100 countries
Central underwriting control
Delegated claims handling authorities
"Servicing Offices" are reinsuring risks to "Producing Office"
Web-based IT systems for efficient handling of reinsurance transactions and reliable access to claims information, premium flow etc.
RM von CC: Zu klären ist ob „ mehr als 140 oder mehr als 130 sind.“
Talanx Primary Insurer:
39 countries
Network
Partner
No presence
HDI-Gerling Industrie Versicherung AG
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15. Approach of Handling International Programmes with HDI-Gerling Units
Fronting Web (Internet)
Policy Instructions
Claims Information
HG-WS
PO defines scope of coverage and premium
PO forwards premium and basic policy information via Fronting Web
PO forwards the detailed scope of coverage as “Coverage Summary” via
SO issues Local Policy
SO reinsures Local Policy via HG-WS to PO
SO sets up Claims
SO reinsures Claims via HG-WS to PO
Producing
Office
Servicing
HG-WS prepares monthly statements of account for PO and SOs based on Fronting Web data extraction
HDI-Gerling Industrie Versicherung AG
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16. HDI-Gerling Industrie Versicherung AG ...
… has been committed to Industrial Business for over 100 years
… has expertise in all lines of industrial insurance
… is able and willing to lead programs
… has a strong presence throughout Europe
… and is capable of issuing policies and servicing claims in more than 130 countries through its worldwide network and partners
HDI-Gerling Industrie Versicherung AG
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