Talanx

AM Best Comments on Credit Ratings of HDI Haftpflichtverband der Deutschen Industrie V.a.G. and Its Rating Insurance Subsidiaries

Retrieved on: 
Monday, June 12, 2023
Professional Services, Finance, Insurance, AM Best, Talanx, ALL, Risk management, HDI, Credit, Liberty Seguros, Acquisition, FSR, Superior, AM, News

AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of HDI Haftpflichtverband der Deutschen Industrie V.a.G.

Key Points: 
  • AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of HDI Haftpflichtverband der Deutschen Industrie V.a.G.
  • (HDI V.a.G) (Germany) and its rating subsidiaries remain unchanged following the announcement that the Talanx Group acquired Liberty Mutual’s primary insurance operations in Latin America.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Upgrades Credit Ratings of HDI Haftpflichtverband der Deutschen Industrie V.a.G. and Its Rated Insurance Subsidiaries

Retrieved on: 
Thursday, December 15, 2022
Banking, Professional Services, Insurance, Finance, ROE, Credit, AM Best, Luxembourg, HDI, Insurance, FSR, Increment, Talanx, EUR, Growth, Risk management, Superior, Finance

AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to aa- (Superior) from a+ (Excellent) of HDI Haftpflichtverband der Deutschen Industrie V.a.G.

Key Points: 
  • AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to aa- (Superior) from a+ (Excellent) of HDI Haftpflichtverband der Deutschen Industrie V.a.G.
  • group companies, which combined form the Talanx Group (see below for a detailed list of companies and the debt instrument).
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • Additionally, AM Best has affirmed the Mexico National Scale Rating of aaa.MX (Exceptional) of HDI Global Seguros, S.A. (Mexico City, Mexico).

Management Changes at HDI Global Mexico

Retrieved on: 
Monday, April 4, 2022
MDAX, Frankfurt Stock Exchange, HDI, Growth, Saskatchewan River Sturgeon Management Board, ACE, Development, Business administration, Â, Talanx, News, Master of Business Administration, Insurance, Bank, Chubb, LATAM

Ciudad de Mxico / Hannover, 4 April 2022

Key Points: 
  • Ciudad de Mxico / Hannover, 4 April 2022
    HDI Global SE is pleased to announce management changes at its operations in Mexico.
  • Effective 4 April 2022, Omar Mendoza Lizaola will join HDI Global Mexico as Managing Director.
  • I am very excited to join the HDI Global Mexico team that German Cardenas has successfully built up.
  • Talanx AG and HDI Global SE do not guarantee that the assumptions underlying such forward-looking statements are free from errors nor do Talanx AG and/or HDI Global SE accept any responsibility for the actual occurrence of the forecasted developments.

AM Best Revises Outlooks to Positive for HDI Haftpflichtverband der Deutschen Industrie V.a.G. and Its Rated Subsidiaries

Retrieved on: 
Friday, November 12, 2021
Other Professional Services, Professional Services, Insurance, AM Best, Credit, Insurance, Income, Growth, COVID-19, ERM, Talanx, Luxembourg, AM, FSR, EUR, HDI, Risk management, Bank

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a+ (Excellent) of HDI Haftpflichtverband der Deutschen Industrie V.a.G.

Key Points: 
  • AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a+ (Excellent) of HDI Haftpflichtverband der Deutschen Industrie V.a.G.
  • Additionally, AM Best has affirmed the Mexico National Scale Rating of aaa.MX (Exceptional) of HDI Global Seguros, S.A. (Mexico City, Mexico).
  • The ratings reflect HDI V.a.G.s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management (ERM).
  • The FSR of A (Excellent) and the Long-Term ICRs of a+ have been affirmed, with the outlook revised to positive from stable, for the following subsidiaries of HDI Haftpflichtverband der Deutschen Industrie V.a.G.

HDI SEGUROS Partners With Cambridge Mobile Telematics to Launch the First Telematics Safety and Rewards Program in Mexico.

Retrieved on: 
Monday, June 28, 2021
Professional services, Automotive, Technology, Other Automotive, Insurance, Mobile, Wireless, Talanx, Global Positioning System, Money, Telematics, Articles, Technology, Gift card

HDI iDriving comes with a rewards program where policyholders can exchange safe driving points for digital gift cards, coffee, online purchases, and more.

Key Points: 
  • HDI iDriving comes with a rewards program where policyholders can exchange safe driving points for digital gift cards, coffee, online purchases, and more.
  • HDI iDriving was developed with business partner Cambridge Mobile Telematics and is now distributed through its national network by independent sales agents.
  • HDI SEGUROS came to Mexico in 2009 and is part of TALANX INTERNATIONAL, a German group founded in 1903 in Hannover.
  • At Cambridge Mobile Telematics, we show up every day to achieve one goal: to make the worlds roads and drivers safer.

Griffin Highline, HDI Global Specialty and Craig Landi Launch Falcon Risk Holdings

Retrieved on: 
Tuesday, June 8, 2021
Professional services, Communications, Other Professional Services, Small business, Insurance, Finance, Public relations, Investor relations, Talanx, Cities in Germany, Reinsurance companies, States of Germany, Hannover Re, Hanover, Service companies, Griffin Highline Capital LLC, HDI Global Specialty SE, GRIFFIN HIGHLINE CAPITAL LLC, HDI GLOBAL SPECIALTY SE

Griffin Highline Capital LLC (Griffin Highline), HDI Global Specialty SE (HDI) and Craig Landi are pleased to announce the formation of Falcon Risk Holdings LLC (Falcon or the Company).

Key Points: 
  • Griffin Highline Capital LLC (Griffin Highline), HDI Global Specialty SE (HDI) and Craig Landi are pleased to announce the formation of Falcon Risk Holdings LLC (Falcon or the Company).
  • Alongside Griffin Highline and HDI, the Company is co-founded and led by Chief Executive Officer, Craig Landi, an industry veteran with over three decades of underwriting experience.
  • HDI Global Specialty SE is a joint venture of Hannover Re and HDI Global SE, both strong and established players in the insurance and reinsurance market.
  • HDI Global Specialty SE, leveraging the specialty activities of the Talanx Group, is an excellent platform with cross-business segment expertise.

DGAP-News: HDI Haftpflichtverband der deutschen Industrie V.a.G.: Talanx share to be delisted from Warsaw Stock Exchange

Retrieved on: 
Friday, December 11, 2020
Talanx

/ Key word(s): Miscellaneous

Key Points: 
  • / Key word(s): Miscellaneous
    HDI Haftpflichtverband der deutschen Industrie V.a.G.
  • : Talanx share to be delisted from Warsaw Stock Exchange
    The issuer is solely responsible for the content of this announcement.
  • It is intended to delist the Talanx share from the Warsaw Stock Exchange.
  • In this context, the Haftpflichtverband der Deutschen Industrie Versicherungsverein auf Gegenseitigkeit ("HDI V.a.G.")

Israeli Cybersecurity Startup ReSec Technologies Raises $4M in Series A Funding Led by QBN Capital and HDI Group

Retrieved on: 
Monday, November 9, 2020
Articles, Data security, Talanx, Science and technology, Usability, Computer security, Innovation

The company's patented technology aims to disrupt a crowded market, that is dependent on detection solutions which often present both security and usability challenges to organizations.

Key Points: 
  • The company's patented technology aims to disrupt a crowded market, that is dependent on detection solutions which often present both security and usability challenges to organizations.
  • "We are extremely excited to complete this round and to have QBN and Talanx join our journey," said Tal Yatsiv, ReSec's Executive Chairman and CEO.
  • In addition to this round of funding, ReSec has been awarded an innovation grant from the Israeli Innovation Authority.
  • ReSec is deployed globally in highly sensitive organizations from diverse industries, including finance, critical infrastructure, defense, government, telecommunications, and airlines.

AM Best Affirms Credit Ratings of HDI Haftpflichtverband der Deutschen Industrie V.a.G. and Its Core Subsidiaries

Retrieved on: 
Friday, October 16, 2020
Professional services, Insurance, Finance, Talanx, Credit rating

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a+ of HDI Haftpflichtverband der Deutschen Industrie V.a.G.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a+ of HDI Haftpflichtverband der Deutschen Industrie V.a.G.
  • AM Best also has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of a of a debt instrument issued by Talanx Finanz (Luxembourg) S.A., and guaranteed by Talanx AG.
  • Additionally, AM Best has affirmed the Mexico National Scale Rating of aaa.MX of HDI Global Seguros, S.A. (Mexico City, Mexico).
  • The FSR of A (Excellent) and the Long-Term ICRs of a+ have been affirmed with a stable outlook for the following subsidiaries of HDI Haftpflichtverband der Deutschen Industrie V.a.G.

Hannover Re US and Somerset Re Announce CEO Transition, Further Expanding Reinsurers’ Collaboration in the Life and Annuity Market

Retrieved on: 
Monday, September 14, 2020
Professional services, Insurance, Finance, Reinsurance companies, Societates Europaeae, Insurance, Hannover Re, Reinsurance, Finance, Financial services, Talanx, Hannover Re US, Somerset Reinsurance Ltd

Somerset Reinsurance Ltd. (Somerset Re) today reports that Patrick Kelleher, the firms founding CEO, has announced his retirement, effective December 31, 2020.

Key Points: 
  • Somerset Reinsurance Ltd. (Somerset Re) today reports that Patrick Kelleher, the firms founding CEO, has announced his retirement, effective December 31, 2020.
  • Jeff Burt, currently President of Hannover Life Reassurance Company of America (Hannover Re US), a member of Hannover Re Group, and Chairman of Somerset Re, will assume the role of Somerset Res CEO upon Mr. Kellehers retirement.
  • Mr. Kelleher has served as CEO and Director of Somerset Re since the Companys inception.
  • Under Mr. Kellehers leadership, Somerset Re has become a premier provider of innovative risk management and reinsurance solutions for asset-intensive life insurance and annuity businesses.