Net attributable profit decreased by 8% to €218m for Q1 18 compared to Q1 17. Net premiums earned were up by 4% to €7.0bn for Q1 18 compared to the same period last year. The net investment result rose by 5% to €1.06bn for Q1 18. RoI was around 3.7% for Q1 18 compared to 3.5% in Q1 17. Insurance claims rose by 3% to €5.7bn in Q1 18 compared to Q1 17. The group’s net combined ratio of the non-life business was up from 96.3% for Q1 17 to 97.0% for Q1 18. Pre-tax profit
11 May 2018
Mixed start to 2018
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Mixed start to 2018
Talanx AG (TLX:WBO) | 0 0 -0.1% | Mkt Cap: 8,919m
- Published:
11 May 2018 -
Author:
Dieter Hein -
Pages:
2
Net attributable profit decreased by 8% to €218m for Q1 18 compared to Q1 17. Net premiums earned were up by 4% to €7.0bn for Q1 18 compared to the same period last year. The net investment result rose by 5% to €1.06bn for Q1 18. RoI was around 3.7% for Q1 18 compared to 3.5% in Q1 17. Insurance claims rose by 3% to €5.7bn in Q1 18 compared to Q1 17. The group’s net combined ratio of the non-life business was up from 96.3% for Q1 17 to 97.0% for Q1 18. Pre-tax profit