Talanx sells HDI Seguros Ecuador to Grupo Financiero Atlántida
- May 24, 2025
- Posted by: Beth Musselwhite
- Category: Insurance
Talanx Group’s Retail International division is selling its Ecuadorian subsidiary, HDI Seguros S.A., to Grupo Financiero Atlántida, a Honduras-based financial conglomerate.
The transaction is expected to close in 2025 and is subject to approval by the relevant supervisory authorities.
The sale allows the Retail International division to consolidate its Latin American portfolio and focus on its largest operations in the region.
HDI Seguros Ecuador reported $36 million (€35 million) in gross premiums for 2024 and has 141 employees.
HDI International AG acquired the company from Liberty Seguros in 2024 as part of a broader deal in which it also bought entities in Brazil, Chile, and Colombia with a total gross premium volume of around €2 billion (2023).
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