Ultimate figures to be launched center of Might
Insurance coverage Information
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Hannover Re and HDI father or mother agency Talanx has printed its preliminary financials for the primary quarter of 2024.
In an replace forward of the discharge of its closing quarterly outcomes on Might 15, Talanx stated the group’s preliminary consolidated web revenue surpassed analysts’ consensus by amounting to €572 million. The corresponding end in 2023 was €423 million.
The corporate famous: “The Talanx Group has began the present monetary yr 2024 with a really robust first quarter and has considerably exceeded the analysts’ consensus of €466 million with a preliminary consolidated web revenue of €572 million.
“This growth is primarily pushed by the robust efficiency of the first insurance coverage actions.
“Regardless of this optimistic growth within the first quarter, Talanx is sustaining its full-year forecast. Nonetheless, confidence has now elevated that the focused group web revenue of greater than €1.7 billion could be exceeded considerably.
“This earnings goal assumes that enormous losses is not going to exceed the big loss funds, that the capital markets don’t expertise any upheavals, and that no materials foreign money fluctuations come up.”
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