Talanx Upgrades Profit Outlook, Shares Surge
Update: 2025-11-13
Description
German insurer Talanx boosts profit outlook, aiming for 2.7 billion euros by 2026, a year ahead of schedule. Shares surge 4% following announcement, reflecting robust 9-month performance and strong solvency ratio of 233%. Commercial and Specialty division meets expectations, while German Retail unit shows exceptional results with an 87.4% combined ratio and unused large-loss reserves.
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