Net attributable profit increased by 5% to €703m for FY2018 compared to FY2017. Net premiums earned rose by 8% to €29.6bn for 2018 compared to 2017. The net investment income was down by 16% to €3.8bn for 2018. RoI was 3.3% for 2018 compared to 4.0% for 2017. Insurance claims increased by 1% to €23.5bn in 2018 compared to 2017. The group’s net combined ratio of the non-life business was 98.2% for 2018 compared to 100.4% for 2017. Pre-tax result rose by 12% to €1
18 Mar 2019
Profit in line with (corrected) FY2018 target
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Profit in line with (corrected) FY2018 target
Talanx AG (TLX:WBO) | 0 0 -0.1% | Mkt Cap: 8,919m
- Published:
18 Mar 2019 -
Author:
Dieter Hein -
Pages:
2
Net attributable profit increased by 5% to €703m for FY2018 compared to FY2017. Net premiums earned rose by 8% to €29.6bn for 2018 compared to 2017. The net investment income was down by 16% to €3.8bn for 2018. RoI was 3.3% for 2018 compared to 4.0% for 2017. Insurance claims increased by 1% to €23.5bn in 2018 compared to 2017. The group’s net combined ratio of the non-life business was 98.2% for 2018 compared to 100.4% for 2017. Pre-tax result rose by 12% to €1