Final figures to be launched center of subsequent month
Hannover Re and HDI mum or dad agency Talanx has printed its preliminary financials for the primary quarter of 2024.
In an replace forward of the discharge of its ultimate quarterly outcomes on May 15, Talanx stated the group’s preliminary consolidated internet revenue surpassed analysts’ consensus by amounting to €572 million. The corresponding lead to 2023 was €423 million.
The firm famous: “The Talanx Group has began the present monetary 12 months 2024 with a really sturdy first quarter and has considerably exceeded the analysts’ consensus of €466 million with a preliminary consolidated internet revenue of €572 million.
“This growth is primarily pushed by the sturdy efficiency of the first insurance coverage actions.
“Despite this optimistic growth within the first quarter, Talanx is sustaining its full-year forecast. However, confidence has now elevated that the focused group internet revenue of greater than €1.7 billion could be exceeded considerably.
“This earnings target assumes that large losses will not exceed the large loss budget, that the capital markets do not experience any upheavals, and that no material currency fluctuations arise.”
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