Rising profits and low claims burdens are making insurance group Talanx even more confident for the current year. “We now expect to exceed our annual forecast and deliver group net income of well above \u00802.7bn,” CEO Torsten Leue said on Friday in Hanover. “That would mean we increase our annual result by a double-digit percentage, once again more strongly than revenue.” Last year, Talanx generated net profit of \u00802.48bn, and for 2026 analysts had so far expected an average of \u00802.76bn.<\/p>\n
In the first half, the insurer increased net profit by nine percent to \u00801.5bn. Insurance revenue rose by three percent, adjusted for currency effects, to \u008024.3bn. Both metrics came in slightly above analysts’ expectations. All business segments posted record profits, Leue said. “This once again shows that our strategy of diversification and cost leadership is paying off.” In primary insurance, Talanx generated 52 percent of profit, while the formerly dominant subsidiary Hannover Rueck contributed 48 percent. Business was driven by the retail-customer subsidiaries abroad, from Poland to Turkey to Mexico.<\/p>\n
\n Talanx and Hannover Rueck benefited from a year with comparatively low losses from natural catastrophes. Major losses, at \u00800.94bn (prior year: \u00801.13bn), were almost half a billion euros below the budget set aside for them.<\/p>\n
\n (Report by Alexander Huebner, edited by Scot W. Stevenson. For questions, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)<\/p>\n","protected":false},"excerpt":{"rendered":"Rising profits and low claims burdens are making insurance group Talanx even more confident for the current year.…\n","protected":false},"author":2,"featured_media":72565,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21253],"tags":[548,21283],"class_list":["post-72564","post","type-post","status-publish","format-standard","has-post-thumbnail","category-talanx","tag-markets","tag-talanx"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/72564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=72564"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/72564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/72565"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=72564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=72564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=72564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}