Talanx AG : We expect a mixed bag of results for Q1 2021
>We forecast Q1 2021 net profit of € 230m - Talanx is due to report Q1 2021 results on 6 May 2021. We forecast group net profit attributable of € 230m, up 3.0% y-o-y and implying an annualised ROE of 8.9%. Book value per share might come in at € 40.2. The quarter should digest negative effects from above average major claims and negative COVD-19 related effects. Industrial Lines insurance might report a difficult start to the year - We forecast Indust...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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