Locked content Talanx posts €219 mln Q2 profit

WSE-listed insurance group Talanx posted a €219 million net profit in Q2 (vs €225 million the year before) according to the company’s financial results, bringing the H1 profit to €437 million (€467 million the year before). The operating profit in Q2 increased from €549 million last year to €6...

Locked content Talanx with €632 mln 2017 profit

WSE-listed insurance group Talanx posted a €672 million net profit in 2017 (vs €903 million the year before) according to the company’s financial results. Operational profit stood at €1.8 billion, down from €2.3 billion in 2016, while gross written premium increased to €33 billion, from €31.1 ...

Locked content Talanx with €20 mln loss in Q3 due to natural disasters in Americas

WSE-listed insurance group Talanx expects a €20 million loss in Q3, due to the damage caused by hurricanes Harvey, Irma and Maria in the Americas, as well as the earthquake in Mexico. The liabilities resulting from reinsurance and retrocession the company incurred as a result of the hurricanes and t...

Locked content Talanx with €225 mln Q2 net profit

WSE-listed insurance group Talanx posted a €225 million net profit in Q2 (vs €181 million the year before) according to the company’s financial results, raising the H1 profit to €463 million. “All departments contributed to a satisfactory increase in the result, particularly the retail segment...

Locked content Talanx with €900 mln consolidated net profit in 2016

WSE-listed insurance group Talanx posted a €900 million net profit in 2016 (vs €734 million in 2015) according to the company’s preliminary financial results. “On the one hand, this results from lower than expected large losses in the Group. On the other hand, special tax effects have also con...

Locked content Meiji Yasuda sells stake at Talanx

Japanese insurer Meiji Yasuda has sold its PLN 600 million stake at German Talanx , which owns Polish insurers Warta and TU Europe, Puls Biznesu daily reported. According to the daily, the Japanese company bought a 6.5 stake at Talanx three years ago,  and it now has less than 5 precent at it’...

Locked content Talanx with nearly PLN 1 bln net profit

German Insurer Talanx reported a consolidated net profit of €769 million, compared with €732 million in the previous year. The company’s operating profit stood at €1.89 million, versus €1.76 million in 2013. Gross premiums written amounted to €28.99 million in 2014, compared with €28.15 a year...

Locked content Talanx mulling further acquisitions

German insurance group Talanx is constantly observing the Polish market and may consider acquisitions if opportunities appear, the company’s CEO Herbert Haas told Rzeczpospolita in an interview published on Tuesday. “If we receive interesting offers, complementary with our strategy, we will of cours...