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Talanx AG (TLXGn.DE)

TLXGn.DE on Xetra

32.26EUR
7:09am EDT
Change (% chg)

€0.08 (+0.25%)
Prev Close
€32.18
Open
€32.26
Day's High
€32.48
Day's Low
€32.20
Volume
29,597
Avg. Vol
119,798
52-wk High
€37.66
52-wk Low
€30.70

Latest Key Developments (Source: Significant Developments)

Talanx Says Q4 Group Net Income Fell By 14.1 Percent To 228 Million Euros
Monday, 19 Mar 2018 02:30am EDT 

March 19 (Reuters) - Talanx AG ::TALANX SAYS REPORTS VERY SATISFACTORY GROUP NET INCOME DESPITE NATURAL CATASTROPHES AND PROPOSES INCREASE IN DIVIDEND.TALANX SAYS GROSS WRITTEN PREMIUMS GROW BY A SIGNIFICANT 6.3 PERCENT TO EUR 33.1 (31.1) BILLION.TALANX SAYS AFTER EXCEPTIONALLY SEVERE BURDEN OF NATURAL CATASTROPHES, GROUP NET INCOME IS EUR 672 (903) MILLION.TALANX SAYS DIVIDEND PROPOSAL OF EUR 1.40 (1.35): CONTINUOUS INCREASE SINCE IPO.TALANX SAYS OUTLOOK FOR 2018: GROUP NET INCOME OF AROUND EUR 850 MILLION EXPECTED.TALANX SAYS IN THE FOURTH QUARTER, THE GROUP'S GROSS WRITTEN PREMIUMS WERE EUR 7.8 (7.4) BILLION.TALANX SAYS IN Q4 THE COMBINED RATIO IMPROVED TO 92.7 (93.1) PERCENT.TALANX SAYS Q4 GROUP NET INCOME, HOWEVER, FELL BY 14.1 PERCENT TO EUR 228 (266) MILLION.  Full Article

Talanx CEO Says 2018 Profit Goal Of Around 850 Million Euro Is "Realistic"
Thursday, 15 Feb 2018 05:00am EST 

Feb 15 (Reuters) - Talanx Ag ::TALANX CEO SAYS 2018 PROFIT GOAL OF AROUND 850 MILLION EURO IS "REALISTIC".TALANX CEO FORECASTS SOLVENCY RATIO OF 120 PERCENT IF ITALY LEAVES EURO ZONE.TALANX BOARD MEMBER SAYS 2017 WAS DIFFICULT YEAR FOR INDUSTRIAL FIRE INSURANCE AFTER NATURAL CATASTROPHES.TALANX BOARD MEMBER SAYS VOWS TO LIFT PROFITABILITY OF INDUSTRIAL FIRE BUSINESS, PARTLY THROUGH PRICE INCREASES UP TO 15 PERCENT OVER TIME.  Full Article

Talanx FY Group Net Income Of Around EUR 670 Million
Wednesday, 7 Feb 2018 01:35am EST 

Feb 7 (Reuters) - Talanx AG ::ACHIEVED GROUP NET INCOME OF AROUND EUR 670 (2016: 907) MILLION IN THE FINANCIAL YEAR 2017.DIVIDEND PAYMENT AT LEAST EQUAL TO THE YEAR-EARLIER LEVEL IS ASSURED FROM TODAY’S PERSPECTIVE.FY GROSS WRITTEN PREMIUMS GREW THROUGHOUT THE GROUP BY AROUND 6 PERCENT TO EUR 33.1 (31.1) BILLION‍​.GROUP-WIDE NET LARGE LOSS BURDEN AMOUNTED TO EUR 1.6 (0.9) BLN‍​.  Full Article

Talanx reports nine-month net of 444 mln eur
Monday, 13 Nov 2017 01:33am EST 

Nov 13 (Reuters) - Talanx Ag :‍​:Achieves nine-month net income of eur 444 million despite severe impact of natural catastrophes‍​.Gross written premiums up by 6.3 percent to eur 25.2 (23.7) billion.Industrial lines and property/casualty reinsurance hit by very large losses relating to natural catastrophes in the third quarter.Positive developments in domestic and foreign retail business help compensate for effects.Talanx has revised its outlook for group net income for 2017 to around eur 650 million.Outlook for 2018: group net income of around eur 850 million expected.  Full Article

Talanx ‍acquires financial services provider FVB​
Friday, 29 Sep 2017 06:32am EDT 

Sept 29 (Reuters) - TALANX AG ::‍ACQUIRES FINANCIAL SERVICES PROVIDER FVB​.PARTIES HAVE AGREED NOT TO DISCLOSE THE PURCHASE PRICE‍​.  Full Article

Talanx strengthens Latin America business with acquisitions
Wednesday, 19 Jul 2017 12:04pm EDT 

July 19 (Reuters) - Talanx AG :Says acquisition in Colombia strengthens Latin American business.Says acquiring more than 90 percent of Generali Colombia Seguros Generales S.A. shares at price of around 30 million euros.Says transaction is expected to close by end of year.  Full Article

Talanx says issues 3 bln eur euro medium term note programme
Tuesday, 30 May 2017 11:39am EDT 

May 30 (Reuters) - Talanx Ag :Talanx ag today issued its first-ever emtn programme, which has a volume of eur 3 billion.Talanx ag says goal of the programme is to increase the flexibility of the company's financing - especially by structurally opening up opportunities for private placements - and to help cut its refinancing costs in the medium term.Talanx ag says base prospectus for the programme is listed on the luxembourg stock exchange. Both senior and subordinated drawdowns are possible.  Full Article

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 sees potential opportunity to buy cheap in Turkey

FRANKFURT, Aug 13 Germany's third-largest insurer Talanx sees potential to benefit from the slump of the Turkish lira and depressed market valuations, Chief Financial Officer Immo Querner said.