Net attributable profit increased by 24% to €225m for Q2 17 compared to Q2 16. Net premiums earned were up by 3% to €6.75bn for Q2 17 compared to Q2 16. The net investment result rose by 14% to €1.07bn for Q2 17. Insurance claims were up by 4% to €5.6bn in Q2 17. The group’s net combined ratio of the non-life business increased slightly from 97.3% for Q2 16 to 97.6% for Q2 17. Pre-tax profit was up by 12% to €511m for Q2 17 compared to the same period last year.
14 Aug 2017
Good Q2 figures and guidance upgrade
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Good Q2 figures and guidance upgrade
Talanx AG (TLX:WBO) | 0 0 -0.1% | Mkt Cap: 8,919m
- Published:
14 Aug 2017 -
Author:
Dieter Hein -
Pages:
2
Net attributable profit increased by 24% to €225m for Q2 17 compared to Q2 16. Net premiums earned were up by 3% to €6.75bn for Q2 17 compared to Q2 16. The net investment result rose by 14% to €1.07bn for Q2 17. Insurance claims were up by 4% to €5.6bn in Q2 17. The group’s net combined ratio of the non-life business increased slightly from 97.3% for Q2 16 to 97.6% for Q2 17. Pre-tax profit was up by 12% to €511m for Q2 17 compared to the same period last year.