The invention relates to a flame-retardant thermoplastic polyurethane based on at least one diisocyanate and on at least one substance reactive toward isocyanate, and preferably on at least one chain extender, and also optionally on at least one catalyst, and comprising at least one flame retardant, and also optionally additives and/or auxiliaries, where one flame retardant is a metal hydroxide at least to some extent surrounded by a coating, and the metal hydroxide is aluminum hydroxide, aluminum oxide hydroxide, or a mixture of said hydroxides, and also to an associated production process and use.