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Talanx AG (TLXGn.DE)

TLXGn.DE on Xetra

28 Apr 2017
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€-0.11 (-0.33%)
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Latest Key Developments (Source: Significant Developments)

Talanx has no imminent acquisitions in pipeline - CEO
Monday, 20 Mar 2017 07:53am EDT 

Talanx CEO : Says year started well in first 10 weeks . Says life insurance business in Germany dropped in first 2 months of 2017 across industry . Says is not a fan of special dividends but rather of steadily rising dividends . Says no acquisitions in the pipeline that would be ready to be announced in coming months Further company coverage: [TLXGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Talanx hikes outlook sees net income of around 800 mln EUR
Monday, 20 Mar 2017 02:44am EDT 

Talanx : Sees 2016 net return on investment unchanged at 3.6 (3.6) percent . Gross written premiums at eur 31.1 (31.8) billion, generally stable when adjusted for currency effects . EBIT rises 5.4 percent to eur 2.3 (2.2) billion . Proposed dividend of eur 1.35 (1.30): continuous increase since IPO . Outlook for 2017 revised upwards in February: group net income of around eur 800 million expected . Talanx group expects gross premium growth of more than 1.0 percent for 2017, based on steady exchange rates . Net return on investment should reach at least 3.0 percent and the return on equity over 8.0 percent. Group net income should be around eur 800 million in 2017 .It is intended for the financial year 2017 to pay out 35 to 45 percent of group net income as dividends..  Full Article

Talanx hikes 2017 profit guidance after strong 2016
Tuesday, 7 Feb 2017 01:18am EST 

Talanx AG : Says dividend 1.35 eurper share versus 1.30 eurper share year ago . Says achieves group net income of slightly above eur 900 million .Says for 2017, Talanx raises outlook for group net income to around eur 800 million from previously at least eur 750 million.  Full Article

Talanx CEO says no large acquisitions in the pipeline
Friday, 13 May 2016 02:33am EDT 

Talanx AG : Ceo says no large acquisitions in the pipeline Further company coverage: [TLXGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1272;)).  Full Article

Talanx AG to cut 330 jobs at German sales unit
Wednesday, 13 Apr 2016 01:27am EDT 

Talanx AG:Plans to cut 330 jobs, or one in three workers, at its sales unit HDI Vertriebs AG by 2020 as part of restructuring of its German business.Job cuts, along with organisational and IT-related measures, are to cut cost base of Talanx's German retail operations by about 240 million euros ($273 million) by 2020.  Full Article

Talanx AG says is in talks over job cuts - Reuters News
Monday, 21 Mar 2016 03:33am EDT 

Talanx AG:CEO says sees no need to financially strengthen life insurance with group funds - RTRS.CEO says to pay dividend of at least 1.30 eur per share for 2016.CEO says not planning to transfer any part of German life insurance business to Heidelberger Leben for winding down.CEO says would like to make acquisitions in Mexico and Turkey, but there is nothing on the market right now.CEO says is in talks over job cuts in sales at HDI, expects results mid-year.  Full Article

Talanx raises FY 2016 net profit forecast, to propose dividend
Sunday, 20 Mar 2016 08:00pm EDT 

Talanx AG:To propose dividend increase to 1.30 euro from 1.25 euro.Raises FY 2016 net profit aim to around 750 million euros.  Full Article

Talanx buys Italian peers for mid-double-digit million euro amount
Sunday, 29 Nov 2015 07:00pm EST 

Talanx AG:Via its Italian subsidiary HDI Assicurazioni S.p.A., is taking over 100 pct of the life insurer CBA Vita S.p.A. and its subsidiary Sella Life Ltd. as well as the remaining 49 pct in P&C insurer InChiaro Assicurazioni S.p.A.Purchase price was in the mid-double-digit-million-euro range plus a performance-linked component.  Full Article

Talanx AG starts talks with labour on job cuts
Monday, 23 Nov 2015 07:00pm EST 

Talanx AG:Talanx and employee representatives begin talks on the announced workforce reduction.Negotiations revolve around the reduction of some 600 full-time equivalents in total by 2020, primarily at HDI Kundenservice AG.This does not yet take into account the necessary job cuts at HDI Vertriebs AG, which will be determined in the first quarter of the coming year.Discussions are expected to produce initial results in early summer 2016.  Full Article

Talanx confirms FY 2015 net income forecast and gives FY 2016 net income forecast
Wednesday, 11 Nov 2015 07:00pm EST 

Talanx AG:Outlook for Group net income for FY 2015 of 600 million to 650 million euros confirmed.For FY 2016, a Group net income of more than EUR 700 million is expected.  Full Article

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BRIEF-Talanx hikes 2017 profit guidance after strong 2016

* Says dividend 1.35 eurper share versus 1.30 eurper share year ago