Gerling-Konzern
The Gerling-Konzern, also known as the Gerling Group, was an internationally operating Cologne-based multi-line insurance company that was taken over in April 2006 by the Hanover-based Talanx Group, brand name HDI Haftpflichtverband der Deutschen Industrie, Germany's third largest insurance group. The group was fully integrated into HDI.
Company type | Private |
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Industry | Insurance |
Founded | 4 May 1904 |
Defunct | July 2006 |
Successor | Talanx Group |
Headquarters | , Germany |
At the beginning of 2016, Gerling also disappeared as a brand after HDI-Gerling became "HDI Global SE". The Cologne headquarters around the (former) Gereonshof street was converted into residential and commercial space as the Gerling quarter.
In 2005 the Gerling Insurance Group employed around 6400 people in over twenty countries around the world. The premium income recently amounted to approx. 4.56 billion euros, the profit amounted to 158 million euros, after the previous years had been rather loss-making.