Talanx AG Takes Full Ownership of Warta and TU Europa Following Amicable Conclusion of Meiji Yasuda Partnership and Expands Strategic Focus on Poland

Talanx AG Takes Full Ownership of Warta and TU Europa Following Amicable Conclusion of Meiji Yasuda Partnership and Expands Strategic Focus on Poland

(IN BRIEF) Talanx AG and Meiji Yasuda Life Insurance Company have mutually ended their strategic partnership as of the end of 2025, with Talanx completing the purchase of Meiji Yasuda’s remaining stakes in Polish insurers Warta and TU Europa in February 2026. Due to previously agreed option arrangements, the financial results of these minority interests had already been reflected in Talanx’s Retail International division since the start of 2025. The full acquisition strengthens Talanx’s long-term commitment to Poland, where Warta stands as the country’s second-largest insurer and TU Europa adds specialized capabilities, reinforcing the Group’s growth strategy in a key European market.

(PRESS RELEASE) HANOVER, 18-Feb-2026 — /EuropaWire/ — Talanx AG and Meiji Yasuda Life Insurance Company have formally concluded their strategic partnership, with both parties agreeing to end the cooperation effective 31 December 2025. Following the framework established in December 2024, Talanx exercised its contractual options to acquire the shares previously held by Meiji Yasuda in the Polish insurers Towarzystwo Ubezpieczeń i Reasekuracji Warta S.A. and Towarzystwo Ubezpieczeń Europa S.A. The transaction was finalized on 16 February 2026, when Talanx paid the agreed purchase price and the shares were transferred.

As a result of the agreed option structure and the applicable accounting treatment, the earnings attributable to the minority stakes have already been fully recognized within Talanx’s Retail International division since 1 January 2025. With the completion of the acquisition, these businesses are now entirely owned by the Talanx Group.

Torsten Leue, Chairman of the Board of Management of Talanx AG, expressed appreciation for the longstanding collaboration, noting that the relationship with Meiji Yasuda played an important role in supporting the Group’s development over the years and contributed to strengthening its international footprint.

Dr. Wilm Langenbach, the Board member responsible for the Private and Corporate Customers International segment and Chairman of the Board of Management of HDI International AG, highlighted that taking full ownership of Warta and TU Europa represents a significant step in expanding Talanx’s presence in Poland, a market regarded as strategically important. Full control will allow the Group to participate more directly in the continued growth and strategic direction of both insurers.

HDI International AG, which manages Talanx’s international retail and commercial insurance activities, has operated in Poland through Warta since 2012. Warta has grown to become the country’s second-largest insurer, generating approximately EUR 2.7 billion in insurance revenue in 2024 and employing around 3,000 people.

In parallel, HDI International has maintained a presence in Poland through TU Europa since 2012. TU Europa reported total insurance revenue of EUR 168 million in 2024 and employs roughly 350 staff members, complementing the Group’s broader offering in the Polish market.

Disclaimer

This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

Media Contacts:

Andreas Krosta
Head of Group Communications
Andreas.Krosta@talanx.com
+49 511 3747-2020

Elisa Krauße
Corporate Communications Financial and Sustainability Communication
elisa.krausse@talanx.com
+49 511 3747-2062

Bernd Sablowsky
Head of Investor Relations + Mergers & Acquisitions
Bernd.Sablowsky@talanx.com
+49 511 3747-2793

Bernt Gade
Investors & Analysts
Bernt.Gade@talanx.com
+49 511 3747-2368

SOURCE: Talanx AG