Factsheet
For the definitions of alternative performance measures (APM) click here.
EUR million | 2021 | 20201 | 2019 | 2018 | 2017 |
---|---|---|---|---|---|
Gross written premiums | 45,507 | 41,109 | 39,494 | 34,885 | 33,060 |
by region | |||||
Germany | 20% | 21% | 22% | 25% | 26% |
United Kingdom | 9% | 9% | 8% | 8% | 8% |
Central and Eastern Europe (CEE), including Türkiye | 7% | 7% | 8% | 8% | 9% |
Rest of Europe | 16% | 16% | 16% | 16% | 15% |
USA | 21% | 20% | 20% | 18% | 18% |
Rest of North America | 4% | 3% | 3% | 2% | 2% |
Latin America | 6% | 7% | 8% | 8% | 8% |
Asia and Australia | 15% | 16% | 14% | 13% | 12% |
Africa | 2% | 1% | 2% | 2% | 2% |
Net premiums earned | 37,863 | 34,190 | 33,054 | 29,574 | 27,418 |
Underwriting result | -2,195 | –2,821 | -1,833 | -1,647 | -2,546 |
Net investment income | 4,718 | 4,240 | 4,323 | 3,767 | 4,478 |
Net return on investment2 | 3.4% | 3.2% | 3.5% | 3.3% | 4.0% |
Operating profit/loss (EBIT) | 2,454 | 1,645 | 2,430 | 2,032 | 1,805 |
Net income (after financing costs and taxes) | 1,730 | 1,170 | 1,671 | 1,359 | 1,269 |
of which attributable to shareholders of Talanx AG | 1,011 | 648 | 923 | 703 | 671 |
Return on equity3 | 9.6% | 6.3% | 9.8% | 8.0% | 7.5% |
Number of shares | 253,100 | 252,797 | 252,797 | 252,797 | 252,797 |
Earnings per share (in EUR) | 4.00 | 2.56 | 3.65 | 2,78 | 2.65 |
Combined ratio in property/casualty primary insurance and property/casualty reinsurance4 | 97.7% | 101.0% | 98.3% | 98.2% | 100.4% |
Combined ratio of property/casualty primary insurers | 97.1% | 98.9% | 98.3% | 100.6% | 101.2% |
Combined ratio of property/casualty reinsurance | 97.7% | 101.6% | 98.2% | 96.6% | 99.8% |
EBIT margin primary insurance and reinsurance | |||||
EBIT margin primary insurance | 5.8% | 4.1% | 5.1% | 3.7% | 4.1% |
EBIT margin property/casualty reinsurance | 9.1% | 6.0% | 9.8% | 12.6% | 12.5% |
EBIT margin life/health reinsurance | 2.9% | 5.3% | 8.1% | 4.0% | 3.5% |
Policyholders' surplus | 22,704 | 20,572 | 20,089 | 16,999 | 16,961 |
Equity attributable to shareholders of Talanx AG | 10,776 | 10,367 | 10,149 | 8,713 | 8,813 |
Non-controlling interests | 7,169 | 6,732 | 6,461 | 5,548 | 5,411 |
Hybrid capital | 4,759 | 3,473 | 3,479 | 2,738 | 2,737 |
Assets under own management | 136,073 | 128,301 | 122,638 | 111,868 | 107,881 |
Total investments | 147,835 | 138,705 | 134,104 | 122,831 | 118,673 |
Total assets | 197,524 | 181,035 | 177,594 | 162,188 | 158,397 |
Carrying amount per share at end of period (EUR) | 42.58 | 41.01 | 40.15 | 34.47 | 34.86 |
Share price at end of period (EUR) | 42.54 | 31.76 | 44.18 | 29.80 | 34.07 |
Current dividend proposal and prior years' dividends (per share; EUR) | 1.60 | 1.50 | 1.50 | 1.45 | 1.40 |
Dividend yield5 | 4.4% | 4.5% | 4.0% | 4.3% | 4.1% |
Market capitalisation of Talanx AG at end of period | 10,767 | 8,029 | 11,169 | 7,533 | 8,613 |
Employees (as at the reporting date) | 23,954 | 23,527 | 21,516 | 20,780 | 20,419 |