Talanx’s Supervisory Board has renewed Torsten Leue’s contract as chairman of the board of management, securing his leadership until June 2030.
The decision was made ahead of the original contract’s expiry date.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Talanx supervisory board chairman Herbert Haas said: “Mr Leue has developed the group continuously and extremely successfully as CEO since May 2018. This applies to both the business performance and the cultural change of the group.
“The Supervisory Board would like to thank Mr Leue for his outstanding work and is convinced that he and his team will continue on this path for the benefit of all stakeholders in the years to come.”
Prior to becoming CEO in May 2018, Leue managed the group’s international private and corporate client divisions and served as director of Labour Relations between 2017 and 2022.
The company noted that during Leue’s time as CEO, the company has seen changes in organisational culture, alongside increases in insurance revenue, profit figures and share price.
The period also included efforts to broaden the group’s business internationally.
Leue began his career at Allianz, holding a range of posts domestically and abroad over 17 years.
His roles included regional manager for central and eastern Europe and CEO of Allianz’s Slovakian business, before joining Talanx in 2010.
Leue commented: “I am sincerely thankful for the trust placed in me and I am very much looking forward to the tasks ahead. I am delighted to continue working with my colleagues on the Board of Management and all employees across the group with great dedication and a shared commitment to Talanx’s success.”
Last month, Talanx took full control of two Polish insurance providers, Warta and TU Europa, after ending its partnership with Meiji Yasuda Life Insurance Company.
