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Talanx AG (TLXGn.DE)

TLXGn.DE on Xetra

31.64EUR
21 Aug 2018
Change (% chg)

€0.44 (+1.41%)
Prev Close
€31.20
Open
€31.24
Day's High
€31.66
Day's Low
€31.16
Volume
116,021
Avg. Vol
123,959
52-wk High
€37.66
52-wk Low
€30.70

Latest Key Developments (Source: Significant Developments)

Talanx Buys Turkish Non-Life Business of Liberty Mutual Group
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Talanx AG ::SAYS TO ACQUIRE NON-LIFE INSURER IN TURKEY.SAYS HAS AGREED TO ACQUIRE 99.4 PERCENT OF THE SHARES IN LIBERTY SIGORTA A.S., THE TURKISH NON-LIFE SUBSIDIARY OF US-BASED LIBERTY MUTUAL GROUP‍​.SAYS IN 2016, LIBERTY SIGORTA GENERATED GROSS WRITTEN PREMIUMS OF EUR 56 MILLION AND HAD A PORTFOLIO OF MORE THAN 700,000 POLICYHOLDERS.  Full Article

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 sees potential opportunity to buy cheap in Turkey

FRANKFURT, Aug 13 Germany's third-largest insurer Talanx sees potential to benefit from the slump of the Turkish lira and depressed market valuations, Chief Financial Officer Immo Querner said.