Talanx AG : Technical profitability in industrial lines and retail international has yet to improve
>New estimates taking into account recent strain from nat cat events - We have revisited our estimates following Q2 2021 reporting which came in ahead of forecasts, helped by a strong contribution from Hannover Re’s reinsurance activities. Alongside the Q2 2021 reporting, Talanx’s management increased the FY 2021 net profit outlook from the upper end of the € 800m to € 900m range to a new range of € 900m to € 950m. We have factored in recent nat cat events, which are ...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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