Talanx AG : Q1 2021 results in primary insurance strong but retail international might face more headwinds in the future
>Q1 2021 marks a good start to the year - Talanx reported Q1 2021 EBIT of € 625m, up 11.8% y-o-y and in line with the consensus estimate of € 624m. Talanx’s primary insurance operations reported results ahead of estimates based on strong contributions from technical results and a high contribution from investment income. Group solvency II ratio stood at 206% as at year-end 2020 (target range 150% to 200%) and might have increased further in Q12021 driven by higher int...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.