Net attributable profit decreased by 12% to €222m for Q1 16 compared to Q1 15 which benefited from a special effect of €19m net. Net premiums earned were down by 1.5% to €6.3bn for Q1 16 compared to the same period last year. The net investment result rose by 3% to €1.02bn for Q1 16. RoI was around 3.7% for Q1 16 compared to 3.6% in Q1 15. Insurance claims declined by 2.2% to €5.2bn in Q1 16 compared to Q1 15. Group net combined ratio of the non-life business was 96.3
13 May 2016
Solid start to 2016
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Solid start to 2016
Talanx AG (TLX:WBO) | 0 0 -0.1% | Mkt Cap: 8,919m
- Published:
13 May 2016 -
Author:
Dieter Hein -
Pages:
2
Net attributable profit decreased by 12% to €222m for Q1 16 compared to Q1 15 which benefited from a special effect of €19m net. Net premiums earned were down by 1.5% to €6.3bn for Q1 16 compared to the same period last year. The net investment result rose by 3% to €1.02bn for Q1 16. RoI was around 3.7% for Q1 16 compared to 3.6% in Q1 15. Insurance claims declined by 2.2% to €5.2bn in Q1 16 compared to Q1 15. Group net combined ratio of the non-life business was 96.3