• New IFRS accounting rules with a new income statement structure from Q1 23 onwards • Gross insurance revenues were up by 6% to €10.7bn for Q1 23 • Net profit attributable to shareholders rose by 31% to €423m for Q1 23 • RoE was 18.8% for Q1 23, comfortably above the target of more than 10% • Talanx confirmed the net profit target of €1.4bn for FY2023