Talanx AG
Industry Group: Insurance
Country/Region: Germany
Identifier: ETR:TLX
Talanx is the third-largest insurer in Germany. It sells insurance to businesses, individuals, and also reinsures other insurers. 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 as a result of a growing dissatisfaction with providers of insurance. 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 individual insurance in the 1950s. HDI owns three quarters of the Talanx share capital.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 27 out of 299
Universe
Global Universe 1834 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Sampo Oyj |
13.7
Low
|
11 out of 299 |
Aviva Plc |
13.9
Low
|
13 out of 299 |
Talanx AG |
15.2
Low
|
27 out of 299 |
The Hartford Financial Services Group, Inc. |
16.8
Low
|
42 out of 299 |
Fidelity National Financial, Inc. |
24.4
Medium
|
158 out of 299 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Talanx AG's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Talanx AG's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Talanx AG
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Controversy Rating
Highest Controversy level that has impacted Talanx AG's ESG Risk Rating in the last three years
Highest Controversy Level