• Net attributable profit increased by 11% to €242m for Q2 19 • Talanx raised slightly its profit target for FY2019 from around €900m to more than €900m • In primary insurance, all business segments were able to increase their gross written premiums and net profit contributions with the exception of Industrial Lines • Hannover Re has been the most profitable big global reinsurance company for years and remains the backbone of Talanx
12 Aug 2019
Good Q2 figures, net profit is below consensus, company guidance slightly increased
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Good Q2 figures, net profit is below consensus, company guidance slightly increased
Talanx AG (TLX:WBO) | 0 0 -0.1% | Mkt Cap: 8,919m
- Published:
12 Aug 2019 -
Author:
Dieter Hein -
Pages:
3
• Net attributable profit increased by 11% to €242m for Q2 19 • Talanx raised slightly its profit target for FY2019 from around €900m to more than €900m • In primary insurance, all business segments were able to increase their gross written premiums and net profit contributions with the exception of Industrial Lines • Hannover Re has been the most profitable big global reinsurance company for years and remains the backbone of Talanx