• Gross insurance revenues were up by 7% to €11.4bn for Q3 23
• Net profit attributable to shareholders rose by 88% to €452m for Q3 23
• RoE was 19.0% for Q3 23, comfortably above the target of more than 10%
• Primary insurance contributed 47% to group net profit
• Talanx is targeting a net profit of more than €1.7bn for FY2024 which is above the old target of €1.6bn for FY2025

13 Nov 2023
FY2024 profit target above expectations

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FY2024 profit target above expectations
• Gross insurance revenues were up by 7% to €11.4bn for Q3 23
• Net profit attributable to shareholders rose by 88% to €452m for Q3 23
• RoE was 19.0% for Q3 23, comfortably above the target of more than 10%
• Primary insurance contributed 47% to group net profit
• Talanx is targeting a net profit of more than €1.7bn for FY2024 which is above the old target of €1.6bn for FY2025