Investor Relations Reporting Key figures

Key figures

For the definitions of alternative performance measures (APMs), click here.

Key figures at a glance

Unit
2024
2023 1
Adjusted in accordance with IAS 8 as well as IFRS 8 in conjunction with IAS 8, see also the “Accounting policies” section of the Notes and adjusted, see “Accounting policies”, section “Summary of significant accounting policies” of the Notes.
20221
Adjusted in accordance with IAS 8 as well as IFRS 8 in conjunction with IAS 8, see also the “Accounting policies” section of the Notes and adjusted, see “Accounting policies”, section “Summary of significant accounting policies” of the Notes.
Insurance revenue
EUR million
48,150
43,237
39,645
Primary Insurance
EUR million
22,905
19,722
16,967
Property/casualty primary insurance
EUR million
20,316
17,346
14,794
Life primary insurance
EUR million
2,590
2,376
2,173
Reinsurance
EUR million
26,379
24,456
24,017
Property/casualty reinsurance
EUR million
18,665
16,824
16,265
Life/health reinsurance
EUR million
7,715
7,633
7,752
Insurance revenue by region
Germany
%
15
16
15
United Kingdom
%
11
10
11
Central and Eastern Europe (CEE), including Türkiye
%
9
9
8
Rest of Europe
%
13
13
12
USA
%
24
24
26
Rest of North America
%
4
4
4
Latin America
%
13
10
8
Asia and Australia
%
11
13
14
Africa
%
1
1
2
Insurance service result (net)
EUR million
5,114
3,234
2,454
Net investment income for own risk2
Ratio of net investment income for own risk to average investment portfolio for own risk.
EUR million
3,880
3,235
2,342
Net return on investment for own risk
%
2.8
2.5
1.7
Operating profit/loss (EBIT)
EUR million
4,913
3,068
2,815
Net income attributable to shareholders of Talanx AG
EUR million
1,977
1,581
706
Primary Insurance
EUR million
1,113
790
437
Reinsurance
EUR million
1,170
917
392
Return on equity3
Ratio of net income (after financing costs and taxes) excluding non-controlling interests to average equity excluding non-controlling interests.
%
17.9
16.6
8.2
Earnings per share
Basic earnings per share
EUR
7.65
6.21
2.79
Diluted earnings per share
EUR
7.65
6.21
2.79
Combined ratio (net/gross)4
1– [insurance service result (net) divided by insurance revenue (gross)].
%
90.3
94.3
95.2
Property/casualty primary insurance (net/gross)4
1– [insurance service result (net) divided by insurance revenue (gross)].
%
91.6
93.4
95.2
Property/casualty reinsurance (net/net)5
1– [insurance service result divided by (insurance revenue – expenses from reinsurance contracts held)].
%
86.6
94.0
94.5
Total assets
EUR million
180,419
168,525
158,479
Equity attributable to shareholders of Talanx AG
EUR million
11,661
10,447
8,640
Contractual service margin
EUR million
11,368
10,720
9,592
Subordinated liabilities (hybrid capital)
EUR million
4,487
5,262
5,009
Investments for own risk
EUR million
144,302
135,390
127,345
Carrying amount per share at end of period
EUR
45.16
40.46
34.10
excluding goodwill
EUR
39.00
34.22
30.08
Share price
EUR
82.15
64.65
44.32
Number of shares outstanding
number
258,228,991
258,228,991
253,350,943
Employees
as at the reporting date
29,976
27,863
23,669
  1. 1) Adjusted in accordance with IAS 8 as well as IFRS 8 in conjunction with IAS 8, see also the “Accounting policies” section of the Notes and adjusted, see “Accounting policies”, section “Summary of significant accounting policies” of the Notes.
  2. 2) Ratio of net investment income for own risk to average investment portfolio for own risk.
  3. 3) Ratio of net income (after financing costs and taxes) excluding non-controlling interests to average equity excluding non-controlling interests.
  4. 4) 1– [insurance service result (net) divided by insurance revenue (gross)].
  5. 5) 1– [insurance service result divided by (insurance revenue – expenses from reinsurance contracts held)].
Talanx-AG-Factsheet
Factbook