Talanx AG has secured strong shareholder backing for its strategic agenda, with the annual general meeting approving all resolutions proposed by the Board of Management and Supervisory Board by a large majority.
At the meeting, held at the Hannover Congress Centrum on May 7, shareholders voted to change Talanx AG's legal form to a Societas Europaea (SE) and to increase the dividend per-share by €0.90 to €3.60. In addition, three new members were elected to the Supervisory Board.
For the 2026 financial year, the Board of Management is targeting a dividend of more than €4 per share.
The move to an SE structure underlines the group's international alignment. Shareholders approved the change in legal form to a Societas Europaea to reflect the growing importance of Talanx's business outside Germany. Implementation is expected by the end of 2026, subject to completion of an employee involvement procedure.
In his address to the AGM, Torsten Leue, Talanx's chairman of the Board of Management, underlined the group's earnings momentum.
"We have continued to strengthen our balance sheet with our asset management policy and by enhancing our resilience," he said. "Our strategy – which is based on diversification, decentralisation, cost leadership and a culture of trust – has proved its worth yet again, including for our investors."
The AGM also confirmed changes in the Supervisory Board's shareholder representatives. Annette Beller, Martin Peters and Stephan Ruoff were elected as new members, following the departure of Herrman Jung, Dirk Lohmann and Norbert Steiner, who stepped down from the board.
Beller has extensive financial and industrial experience from her long tenure as CFO at B. Braun. Peters has many years of experience in managing large industrial companies and has been managing partner of the family-owned Eberspächer Group since 2001.
Meanwhile, Ruoff brings long-standing experience in financial services and reinsurance and currently holds a management position at Schroders Capital.
A total of 91.3% of the company's voting share capital was represented at the AGM. Talanx's next general meeting is scheduled for May 5, 2027.
Separately, Talanx has also moved to deepen its presence in Latin America with a long-term strategic partnership in Mexico.
Last week, the group announced an agreement with Afirme Group Financiero centred on an exclusive 20-year bancassureance arrangement for the sale of non-life and life products.
The tie-up with Afirme is intended to support Talanx’s strategic objectives by expanding in motor, non-motor and life protection business in what the group describes as an important growth market.
"The partnership with Afirme is aiming to leverage the excellent footprint, distribution reach and brand of Afirme and to provide excellent products and services combining the capabilities of Afirme Seguros and HDI Seguros in Mexico," said Wilm Langenbach, member of the Board of Management of Talanx and CEO of HDI International AG.
Meanwhile, Jesús Ramírez, CEO of Afirme Grupo Financiero, said the alliance is the beginning of a new phase of expansion and consolidation between two institutions.
"Our Afirme brand, our distribution and close relationship with customers, combined with the capabilities of an international company will create a strong offer for the Mexican market,” he added.
The financial terms of the transaction have not been disclosed.
The deal is subject to customary regulatory approvals and closing conditions, with the completion expected in the first half of 2027.
