Net attributable result was a profit of €51m for Q3 18 compared to a loss of €19m for Q3 17 and a profit of €219m for Q2 18. Net premiums earned rose by 8% to €7.4bn for Q3 18 compared to the same period last year. The net investment result was down by 27% to €893m for Q3 18. RoI was 3.3% for 9M 18 compared to 3.9% for 9M 17. Insurance claims decreased by 2% to €6.2bn in Q3 18 compared to Q3 17 which was burdened by large losses of €1.05bn mainly due to the
12 Nov 2018
Humble profit for Q3 as warned but a profit
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Humble profit for Q3 as warned but a profit
Talanx AG (TLX:WBO) | 0 0 -0.1% | Mkt Cap: 8,919m
- Published:
12 Nov 2018 -
Author:
Dieter Hein -
Pages:
2
Net attributable result was a profit of €51m for Q3 18 compared to a loss of €19m for Q3 17 and a profit of €219m for Q2 18. Net premiums earned rose by 8% to €7.4bn for Q3 18 compared to the same period last year. The net investment result was down by 27% to €893m for Q3 18. RoI was 3.3% for 9M 18 compared to 3.9% for 9M 17. Insurance claims decreased by 2% to €6.2bn in Q3 18 compared to Q3 17 which was burdened by large losses of €1.05bn mainly due to the