Talanx Q&A: ‘We won’t be the last’ to exit traditional guarantees

Old-style products no longer suitable for any market, says board member

Ulrich Rosenbaum tells Risk.net about switch to capital-light products

In July, German insurance group Talanx announced its exit from the traditional life business by the end of 2016, in a move that many expect to be followed by other insurers throughout Germany.

The firm will replace guaranteed products that have been the norm for decades with more capital-efficient products, which are less flawed in the low-yield environment, and will aim to sell more occupational pension and biometric risk insurance.

The problem Talanx is reacting to is acute. German insurers

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: