Talanx AG : Q3 2018 data on repricing/restructuring of Industrial Lines seems promising
>Q3 2018 results ahead of estimates based on solid performance of Retail International, Retail Germany and reinsurance activities - Talanx reported a mixed bag of Q3 2018 results with Retail International, Retail Germany and reinsurance activities reporting solid results while Industrial Lines business, as already expected, disappointed. Group net income came in at € 51m, ahead of our € 8m estimate and consensus at € 21m. The annualized 9M 2018 ROE stands at 7.5% (up ...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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