17th November 2021

Talanx on track after nine months

Talanx generated Group nine month net income of E723m and is on track to meet its annual target in full
Gross written premiums were up 10.2% to E35.2(33)bn-impact of coronavirus pandemic now only to be seen in the
Life/Health Reinsurance segment
Gross claims from flood event in western Europe exceed E1bn
Operating profit of E1.8(1.3)bn billion
Group net income of E723(520)m almost at pre-pandemic 2019 level
Combined ratio of 97.6 100.7)
-Full-year forecast for 2021: Group net income at upper end of the E900–950 million range
-Full-year forecast for 2022 substantially higher: Group net
income of E1,050–1,150m expected.

Talanx Trends(67 articles)