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 €620 million, while gross written premium increased to €18.76 billion, from €17.55 billion the year before. The company maintains its 2018 profit forecasts at €850 million. German insurance group owns several Polish insurers, including TUnŻ Warta and TU Europa.