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

Talanx AG : Scaling up core primary insurance business lines

>CMD points to scaling up of business lines coupled with improving profitability - We have reviewed our estimates following a CMD (new 3-year strategic cycle 2022 to 2025) held on 6 December 2022 which laid out growth ambitions for primary insurance segments coupled with higher profitability ambitions. We increased our estimates for the segments industrial lines and retail international while we reduced our estimates for retail Germany. We have cut our group net profi...
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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