Talanx to sell its Ecuadorian operations

Germany-based Talanx Group has agreed to sell its Ecuadorian unit, HDI Seguros, to Grupo Financiero Atlántida, a Honduras-based financial conglomerate, Life Insurance International reported. The move is part of Talanx’s strategy to consolidate its portfolio and focus on larger operations in Latin America. While financial details of the deal remain undisclosed, HDI Seguros, acquired by Talanx in 2024, reported 34.24 million euros ($36 million) in gross written premiums in the same year.