Talanx AG : CMD provided confident tone on turnaround of industrial lines insurance
>CMD with focus on industrial lines insurance - Talanx held a CMD with a focus on industrial lines insurance and group strategy. We believe Talanx is still on track to deliver on its =5% EPS growth p.a. target for the period 2018 to 2022. Nonetheless, EPS growth should be driven more by technical profitability improvements as the headwind from low reinvestment rates needs to be offset. The turnaround in the industrial lines is progressing but following the quick wins ...Talanx is a financial and management holding company. Co. is internationally active in primary insurance and reinsurance and in both property/casualty and life business. In the more than 100 years of Co.'s history, Co. has evolved from a single-line liability insurer for industry into a global insurance group with a focus on the industrial and retail lines and reinsurance business. Through its subsidiaries, Co. is engaged in five business segments: Life/Health Reinsurance; Non-Life Reinsurance; Retail Germany; Industrial Lines; and Retail International.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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