Net attributable profit increased by 19% to €177m for Q3 15 compared to Q3 14. Net premiums earned rose by 11.5% to €6.5bn for Q3 15 compared to the same period last year. The net investment result was down by 9% to €952m for Q3 15. RoI was around 3.3% for Q3 15 compared to 4.0% in Q3 14. Insurance claims were up by 9.5% to €5.4bn in Q3 15 compared to Q3 14. Group net combined ratio of the non-life business was 98.0% for Q3 15 compared to 100.0% for Q3 14. Pre-tax profit r

12 Nov 2015
Solid Q3 figures and new disappointing FY2016 target

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Solid Q3 figures and new disappointing FY2016 target
Talanx AG (TLX:WBO) | 0 0 -0.1% | Mkt Cap: 8,919m
- Published:
12 Nov 2015 -
Author:
Dieter Hein -
Pages:
2 -
Net attributable profit increased by 19% to €177m for Q3 15 compared to Q3 14. Net premiums earned rose by 11.5% to €6.5bn for Q3 15 compared to the same period last year. The net investment result was down by 9% to €952m for Q3 15. RoI was around 3.3% for Q3 15 compared to 4.0% in Q3 14. Insurance claims were up by 9.5% to €5.4bn in Q3 15 compared to Q3 14. Group net combined ratio of the non-life business was 98.0% for Q3 15 compared to 100.0% for Q3 14. Pre-tax profit r