Report
Benoit Valleaux

Talanx AG : Un RN au T3 2020 impacté par la crise

>Un RN attendu en baisse de 46% - Talanx publiera son RN du T3 2020 jeudi 12 novembre. Rappelons que Hannover Re publiera, de son côté, son RN du T3 2020 mercredi 4 novembre. Nous prévoyons une croissance des primes de 5.8% tirée par la réassurance (Hannover Re). Nous prévoyons un RO de 383 M€ (-38.1%) proche du consensus (386 M€, -37.6%), avec une forte baisse du RO attendu sur le segment Risques Industriels où nous prévoyons une hausse du ratio combiné à 102.5% (+2....
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

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