18th May 2022

Talanx generates strong premium growth and good Group net income in first quarter

Highlights are:
-Gross written premiums rsse by a double-digit 16.5% to E15.9bn– or by 13.4 percent adjusted for currency effects
-Combined ratio of 98.3(96.1)
-Net return on investment of 35(3.5%)
-Operating profit(EBIT) increased to E630(625)m
-Group net income: E256(277)m, E119m(47%) of which is from primary insurance
-Solvency 2 ratio of 208% as at 31st December 2021
-Outlook for Group net income in E1,050–1,150m range confirmed for 2022.

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