Other information

Remuneration of the management boards of the parent company

Total remuneration of EUR 6,224 (8,399) thousand was paid to the Board of Management.

The total remuneration paid to the Supervisory Board amounted to EUR 1,857 (1,148) thousand.

Former members of the Board of Management and their surviving dependants received total remuneration of EUR 790 (399) thousand. An amount of EUR 11,747 (6,678) thousand was set aside to cover projected benefit obligations due to former members of the Board of Management and their surviving dependants.

No advances or loans were extended to members of the management boards in the year under review.

IAS 24 provides for detailed presentation of the remuneration components received by members of management in key positions. Specifically, this group of persons encompasses the members of the Board of Management and Supervisory Board of Talanx AG. The aforementioned group of persons received the following remuneration components:

 

2010

2009

Figures in EUR thousand

   

Salaries and other remuneration due in the short term

8,081

9,547

Expenses for retirement provision

4,616

3,088

Granting of equities and other equity-based remuneration

Total

12,697

12,635