Talanx AG, a large German multinational insurance and reinsurance group, has acquired Meiji Yasuda Life Insurance Company’s stake in its Polish joint venture following the expiration of the agreed strategic partnership on December 31, 2025.
Talanx exercised purchase options on the shares held by Japanese life insurance company Meiji Yasuda in its Polish subsidiary: 24.3% of Towarzystwo Ubezpieczeń i Reasekuracji Warta SA (Warta) and 50.0% of Towarzystwo Ubezpieczeń Europa SA (TU Europa) minus 1 share.
The acquisition was completed and the shares were transferred after Talanx paid the acquisition price on February 16, 2026.
The announcement stated that starting from January 1, 2025, the profits of the Retail International division will all include the proportion of newly acquired minority interests.
This change is due to specific accounting rules governing the recognition of contractual option rights.
Torsten Leue, Chairman of the Management Board of Talanx AG, said: “On behalf of the entire Management Board of Talanx AG, I would like to express my sincere gratitude to Meiji Yasuda for the long-standing relationship of trust and cooperation.
“Working closely with such a well-known and reliable shareholder has greatly supported and shaped the growth of our company. We look back with gratitude on the time we spent together and wish Meiji Yasuda continued success in the future.”
“I would like to thank Meiji Yasuda for the very constructive and supportive cooperation over the years,” said Dr. Wilm Langenbach, Member of the Management Board of Talanx AG responsible for the International Business Unit for Private and Corporate Clients and Chairman of the Management Board of HDI International AG.
Added: “By fully acquiring the remaining shares in Warta and TU Europa, we will further strengthen our position in the core market of Poland and will now be fully involved in the successful strategic development of both companies.”