Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

Talanx AG : Despite the group’s solid resilience in the face of the crisis, we expect a marked fall in net income for Q2

>Net income forecast to decline in Q2 … - Talanx is due to report its Q2 2020 results on Wednesday 12 August before trading. We forecast premium growth of 3.9% in Q2, in line with the consensus, and driven by the expected increase of 7.8% in reinsurance premiums (Hannover Re), whereas we expect a 5.0% rise in premiums for the industrial lines segment and, in contrast, a fall in insurance premiums in Germany, in P&C insurance (-3.1%) and particularly in life insurance ...
Underlying
Talanx AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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