Talanx future proofs hybrid tier one for Solvency II as Meiji buys pre-IPO convert

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Talanx future proofs hybrid tier one for Solvency II as Meiji buys pre-IPO convert

Talanx, the German insurance holding company that owns businesses including Hannover Re, has issued a Eu300m pre-IPO convertible bond structured as a hybrid tier one security that could provide a template for other future-proofed, Solvency II compliant deals.

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