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Talanx AG (TLXGn.DE)

TLXGn.DE on Xetra

34.40EUR
15 Dec 2017
Change (% chg)

€-0.09 (-0.26%)
Prev Close
€34.49
Open
€34.29
Day's High
€34.51
Day's Low
€34.15
Volume
217,024
Avg. Vol
147,331
52-wk High
€36.32
52-wk Low
€30.60

Latest Key Developments (Source: Significant Developments)

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 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

BRIEF-Talanx ‍places hybrid benchmark bond worth 750 mln euros

* ‍PLACED HYBRID BENCHMARK BOND WITH A VOLUME OF EUR 750 MILLION​