Talanx AG (TLXGn.DE)

TLXGn.DE on Xetra

19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Talanx reports nine-month net of 444 mln eur
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Talanx Ag :‍​:Achieves nine-month net income of eur 444 million despite severe impact of natural catastrophes‍​.Gross written premiums up by 6.3 percent to eur 25.2 (23.7) billion.Industrial lines and property/casualty reinsurance hit by very large losses relating to natural catastrophes in the third quarter.Positive developments in domestic and foreign retail business help compensate for effects.Talanx has revised its outlook for group net income for 2017 to around eur 650 million.Outlook for 2018: group net income of around eur 850 million expected.  Full Article

Talanx CEO says no large acquisitions in the pipeline
Friday, 13 May 2016 

Talanx AG : Ceo says no large acquisitions in the pipeline Further company coverage: [TLXGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1272;)).  Full Article

Talanx AG to cut 330 jobs at German sales unit
Wednesday, 13 Apr 2016 

Talanx AG:Plans to cut 330 jobs, or one in three workers, at its sales unit HDI Vertriebs AG by 2020 as part of restructuring of its German business.Job cuts, along with organisational and IT-related measures, are to cut cost base of Talanx's German retail operations by about 240 million euros ($273 million) by 2020.  Full Article

Talanx AG says is in talks over job cuts - Reuters News
Monday, 21 Mar 2016 

Talanx AG:CEO says sees no need to financially strengthen life insurance with group funds - RTRS.CEO says to pay dividend of at least 1.30 eur per share for 2016.CEO says not planning to transfer any part of German life insurance business to Heidelberger Leben for winding down.CEO says would like to make acquisitions in Mexico and Turkey, but there is nothing on the market right now.CEO says is in talks over job cuts in sales at HDI, expects results mid-year.  Full Article

Talanx raises FY 2016 net profit forecast, to propose dividend
Monday, 21 Mar 2016 

Talanx AG:To propose dividend increase to 1.30 euro from 1.25 euro.Raises FY 2016 net profit aim to around 750 million euros.  Full Article

BRIEF-Talanx ‍places hybrid benchmark bond worth 750 mln euros